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Updated over 5 years ago,

Omeed O.'s profile image
Omeed O.'s profile image
Omeed O.
  • Member since Jul 25, 2018
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21
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Omeed O.'s profile image
Omeed O.'s profile image
Omeed O.
  • Member since Jul 25, 2018
Connect
Omeed O.
3
Votes |
21
Posts
Starting Out

Moving up in house advice please

Omeed O.
Posted

Located in Houston tx We want to buy a bigger house without selling Current home.

One rental fully paid value is $100k. Rents for 1300 monthly.

Current home has 180k loan 15yr mortgage about 25000 equity.  We made alot of improvements but have not had a new appraisal done.

I was thinking to HELOC the rental and refi my primary to 30 yrs. Not sure how to go about this in order to get another home. What do you think?

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