Pulling Cash out of my property - Posted by Mark Barnes

Real Estate Investing Real Estate Gurus
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Posted by mike oldfield on August 31, 2008 at 12:26:29:

  1. sell a partial interest with a buyback agreement at a guaranteed rate of return to the investor.

  2. find a private lender

mike oldfield

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Pulling Cash out of my property - Posted by Mark Barnes

Posted by Mark Barnes on August 14, 2008 at 10:34:12:

This is a tough one…not for the inexperienced or weak at heart. Is it possible to create some sort of hybrid combination of a sale leaseback/equity share agreement or is there something similar available? The reason I am asking this question is we need to pull cash out of our property and we have mortgage lates, which has prevented us from finding a traditional lender to refinance with. The property is worth $240,000 for which we owe $175,000.00. We would like to refinance and keep the property. Can this situation be creatively structured to accomplish our goal or is our only option to sell? Any response and help concerning this matter would be greatly appreciated. Please email or call me at 251-219-4606.

Sincerely,

Mark Barnes

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Re: Pulling Cash out of my property - Posted by James Harris

Posted by James Harris on January 10, 2009 at 15:51:50:

Is this your primary residence?