Create note for cash-out? - Posted by Robert


#1

Posted by Robert on January 12, 1999 at 22:26:12:

I will be closing on an investment property in a few days with a purchase price of $67,500, the appraised value is $100,000. I want to know if I can create a note for a slightly higher L-T-V for cash-out? If so then how?

Thanks

Robert (Atlanta, GA)