Refinance Investment Property

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I am thinking of about refinancing an investment property. I was told I could get 80% of the LTV, the property is about 87,000. How much would I get on the refinance. Please share any experiences with refinancing. Also any examples on how to invest further in real estate after refinancing. Thanks

Comments(5)

  • ZNICK2nd July, 2008

    Hello, I would love to have you finding deals for us:

    http://www.birddogcash.com

    Z
    [addsig]

  • bargain763rd July, 2008

    I think a major in Business Administration , with a minor in Accounting would be the way to go.
    [addsig]

  • stdavid3rd July, 2008

    Since your degree is your "backup," my advice would be to get your degree in something you would like to pursue as a career should your real estate investing not go well.

  • jfmlv19503rd July, 2008

    Of course Reed will say that his is better, he is trying to make $$$ off of it while bashing the competition.

    John (LV)

  • ITBInvestor15th July, 2008

    I have exchanged emails with John in the past. He is, as everyone who reads his stuff understands, an extremely critical kind of guy. I think this is a great attribute. It leads the reader to ask questions... and ultimately to discovery. While I have not read his fixer book, I do have his Lease-Option book. His approach to L-O, taking the point of view of all parties, is the most thorough analysis of any L-O book I have seen, and I have at least a dozen L-O books.

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