ReCasa Financial Blog
As I meet and speak with real estate investors
across the country, I have the same conversation over and over again about how does an investor get his/her cash
out of a home after purchase and/or rehabilitation. There is hope, and there are ways. One option is an Investor Bridge Loan. Lenders, like ReCasa, will consider extending an interim, or investor bridge loan, for a free and clear property. It is a quick way to recoup your cash that is stuck in a property.
Other investors pay cash for housing if the home requires renovation before it can be occupied. FHA will not do investor rehab loans; Fannie Mae’s HomePath is cumbersome for investors to use. Many real estate investors are not aware that investment rehab lenders, like ReCasa Financial Group , still exist and allow the buyer to acquire homes that need work, with a mortgage so that when rented and ready for permanent financing, the loan is NOT cash out, but a rate/term refinance.
The post I Paid Cash, How Do I Get My Money Back? first appeared on ReCasa Financial Group.
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