All Forum Posts by: Account Closed

Hi all. If I do a cash out refi do I need to have another property ready to buy with that capital? 

Thanks!

Wow! thank you for all the great responses everyone. I will sift through these and come back around. Thanks again!

Hello all. I am a new real estate investor and I have just completed a renovation on my first property. It's just about time to refinance to find another property. 

I have several questions.

1.)Who should I refinance with?

2.) Can I refinance now (while values are high) and then wait to purchase a property once the market cools off in several months? 

3.) Are there any tax liabilities triggered by doing this?

Thanks so much!