If you intend get long term cash out refinance loans for investment properties, the Hard Money Lender is here to help you. We have a program that allows buy and hold investors to cash out and refinance their investment.
This type of loan results in a higher balance owed on your new mortgage including the closing costs rolled into the loan plus the amount of cash you receive. This type of loan can turn equity into ready cash as well as offer better terms than that of the original loan.