How Do You Re-fi If You Aren't OOC, The Reason I Ask Is...(m)
I own a few properties and want to pull cash out of one of them but when I spoke to my bank about doing so, or even getting a HELOC, I was told the residence had to be my primary. If this is the case, how are investors able to re-fi if doing a sub-to or just trying to pull cash out?
I truly need help with this one because I need to pull cash out to use to re-invest
quinn
Your particular bank obviuosly doesn't do non-owner occupid properties. But there are many in MI that do. Go into the phone book and look up bankers or brokers in your area and start calling. You could also try the internet or the Lender's tab on this site.
keep trying you'll find one
Lori
[addsig]