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Looking to further your real estate investing but not sure where to start? Consider pulling cash out of a current rental property. A cash-out refinance is when you replace your mortgage with a new loan for a higher amount. The difference in cash is yours, which gives you an edge on new investments. Here are all the ways we recommend using cash-out refinances to expand your wealth:
Before you opt for a cash-out refinance, make sure you are prepared to cover the fees and closing costs of a new loan. Learn more about our loan programs and download our Cash-Out Refinance One Pager.