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02-08-2021, 07:01 PM #1
$200K Equity on Primary Residence, Doesn't Want to Wait on Banks to Cash-Out Refi
You read that right!
Borrower is trying to put money down on another property, so doesn't have time to go through the bank process.
Has over $200K equity on the property. Wants to pull max cash out on a 2nd lien.
I can't touch primary residences... What's the solution?
(There's a guy I think he was Horizon Financing in Bkln... he had a mortgage broker's license...)
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