Home Buying in Hollywood>Question Details

Oscar, Home Buyer in 33027

Cash Out Refinancing

Asked by Oscar, 33027 Sat Aug 4, 2012

I have three fully paid condos. What options would you recommend to cash out refinance them and get additional funds to purchase a fourth and perhaps a fifth condo?

Thanks,

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Answers

2
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I know exaclty what to do if the condos are over 100k

Review the below programs and contact me:

1) 100% LTV- VA /Debt Payoff on Purchases too
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK!
3) 99% LTV- FHA ($100.00 down)

4) 97% LTV- No PMI and No FHA MIP FEE of 1.75%
5) 95% LTV- No PMI
6) 95% LTV- CONDO

7) 90% LTV- No PMI 2nd Home
8) 90% LTV- JUMBO w/cc
9) 85% LTV- No PMI to Super Jumbo
10) 80% LTV- Invest./Rental

STATED INCOME ALT loan programs up to Super Jumbo
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 80% LTV- NEW- Stated Income Alt
13) 75% LTV- NEW- Foreign Nationals- Stated Income Alt
14) 75% CLTV-NEW- after Short Sale, BK or Foreclosure
15) 70% LTV- Soft and Hard Money -Stated Income Alt

16) LOT/VACANT LAND LOANS
17) COMMERCIAL PROGRAMS-programs available nationwide
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Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
http://WWW.PRO-OPTION.COM
Ph: 888 662 4404
0 votes Thank Flag Link Sat Aug 18, 2012
Instead of cashing out of each one, may be wise to look at cross collateralizing to purchase another.

http://www.pro-option.com
0 votes Thank Flag Link Sun Aug 5, 2012
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