Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

218
Posts
66
Votes
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
66
Votes |
218
Posts

How often can one realistically refinance?

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

What are the fees like?

Lets say you have 5k equity in the house you'd like to pull out. If it costs 2k to do it, it might not make sense.

Right now I am looking at how fast I can grow my business. Taking out equity is a critical part of it, but I need to know how often it can realistically be done.

Most Popular Reply

User Stats

22,059
Posts
14,128
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,128
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

As often as a bank will make the loan and you will pay the price.

Realize that with $5K equity you're not getting a loan with any cash out. You'll need something like 15-20% equity to get any cash out. A lender isn't going to give you 100% of the value of your house.

Loading replies...