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All Forum Posts by: Kiara Montmeny

Kiara Montmeny has started 1 posts and replied 3 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Cash out refi

Kiara MontmenyPosted
  • Posts 3
  • Votes 1

@Dennis Muno thank you for the feedback! Do you have access to a list of mortgage brokers on the island?

0 Votes
San Juan, Puerto Rico
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Cash out refi

Kiara MontmenyPosted
  • Posts 3
  • Votes 1

Thank you for your response! We are using a Heloc from the mainland to fund buying a property in PR. After we rehab, rent we want to do a cash out refi to replenish our heloc and start the process again. I didn’t know if there was a cash refi option after appraisal in PR. Sounds like it’s possible?

0 Votes
San Juan, Puerto Rico
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Cash out refi

Kiara MontmenyPosted
  • Posts 3
  • Votes 1

Hello!! I am new to investing and fell in love with Puerto Rico 4 years ago after visiting. We have been going for years and are finally ready to invest. I know the island decently well but I am having a hard time find out if you are able to do a cash out refi, after using our heloc as leverage. Anyone had any luck with this?

1 Vote
San Juan, Puerto Rico