What is a limited cash out?

Answer A limited cash out refinance is a type of mortgage restructuring that allows the borrower to either roll the closing costs into the mortgage or receive less than $2,000 cash for other uses at the c... Read More »

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What is a limited cash out refinance?

A limited cash out refinance allows a borrower to procure a new mortgage while rolling the closing costs into the loan. Additionally, he can get another 2 percent of the loan amount--or $2,000, whi... Read More »

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

What Is a cash on cash return?

A cash-on-cash return is defined as the net cash flow, which is what is left of the net operating income after the annual debt service is subtracted out, divided by the down payment. It indicates ... Read More »

The Domestication of a Foreign Limited Partnership Into a Florida Limited Partnership?

A foreign limited partnership desiring to become a domestic limited partnership in Florida has to meet specific legal requirements and file domestication documents with the Florida Secretary of Sta... Read More »