[quote=flu][quote=AN]All of those sounds about right. I’d refi cash out to 80% ltv 30 years fixed and use the extra cash to buy the investment property.[/quote]
how did you manage to cash out to 80%?[/quote]
Captcha, good catch. I didn’t notice the conforming+ part.
flu, my bad, there’s no 80% LTV for conforming+ AFAIK.
If you really want to, you can always do a like kind trade. I.e. buy a house just like yours with 90% LTV (SDCCU have these), and sell yours. You’ll lose out on the RE commissions but you can extract 90% of your value. Another option is to get a RE license for ~$5k (rough estimate) and buy/sell yourself. That’ll save you a lot on the commissions.
