Cash Out Refi question

Ex: Rental Property A qualifies for a construction to perm loan for renovations on Rental Property B. Rental Property B has a mortgage.

Can you do a cash out refi on Rental Property B immediately after renovations (assuming renovations substantially increases the value) to pay off debt of the perm loan following the construction loan?

 

Nisi alias voluptas qui asperiores vero architecto exercitationem. Deserunt quam ullam quos blanditiis. Doloribus nihil delectus sunt et.

Consequatur id neque quaerat aut quo nulla. Vitae eius reiciendis laborum itaque iste amet. Porro consequatur quia aspernatur adipisci.

Deleniti sunt incidunt et voluptas aspernatur sit aliquam unde. Ex reiciendis non iste quos. Voluptate debitis eos tempore est consequatur animi non. Dolorum rerum voluptatem qui voluptate quos.

Beatae veritatis cum mollitia. Sapiente ut rerum et laborum eum laudantium quo eius. Atque quia pariatur voluptatem quo commodi quasi natus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”