Posted by Jesse on August 16, 2004 at 22:37:24:
The length of time you’ve had the property and your credit scores will determine the LTV and cash out on a refinance.
Jesse
Is this Possible?? - Posted by Ray
Posted by Ray on August 15, 2004 at 21:19:22:
To Creonline Investors:
First off I want to thank everyone on the website, since reading all the articles my partner and I are in the middle of finishing up our first multi family rental unit and I have a question for you. Is it possible to pull the equity from the first house to use as a down payment for the 2nd house?? If this is possible is there a specific term that I could use with the lender?? If this is possible it would make it a no money down deal, for our 2nd deal in 3 months!! YAHOO!! Thanks for any input/information regarding this…