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Updated over 4 years ago,

Gregory Stone's profile image
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Gregory Stone
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Gregory Stone's profile image
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Gregory Stone
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Gregory Stone
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Starting Out

Should I use equity from my home refinance to make a cash offer

Gregory Stone
Posted

I am currently in the process of refinancing my home. I have locked in a low rate and can pull additional equity out of the loan. The equity should be enough to help me pay for my first rental property with a cash offer. 

 Is this a good strategy? I would really appreciate any feedback I can get.

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