A cash out refinance occurs when an investor takes out a new loan on an existing property to extract equity from that property. Cash out refinances happen when an investor refinances for more than the amount currently owed and receives the difference in cash. The cash is then used to invest in a new property…

The post Cash Out Refinance: The Ultimate Guide for Real Estate Investors appeared first on .

Source: http://fitsmallbusiness.com/cash-out-refinance-guide/