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Updated about 5 years ago,

Hayden Hirzel's profile image
Hayden Hirzel's profile image
Hayden Hirzel
  • Real Estate Agent
  • from Royal Oak, Mi
  • Member since Jun 14, 2019
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User Stats

8
Posts
2
Votes
Hayden Hirzel's profile image
Hayden Hirzel's profile image
Hayden Hirzel
  • Real Estate Agent
  • from Royal Oak, Mi
  • Member since Jun 14, 2019
Connect
Hayden Hirzel
  • Real Estate Agent
  • Royal Oak, Mi
2
Votes |
8
Posts
Starting Out

Cash Out and Re-Invest?

Hayden Hirzel
  • Real Estate Agent
  • Royal Oak, Mi
Posted

Hey guys, I have 2 properties that I own. I bought one from my parents for a great deal and think I have about 80k in equity in it. I've been thinking about doing a cashout refinance and taking that money to re-invest in some other properties. Any thoughts or suggestions?

I'm 22 years old, a licensed realtor, and i'm in metro Detroit area. (just to give you an idea of my situation) 

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