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Updated almost 5 years ago on . Most recent reply

Max Maysonet's profile image
Max Maysonet's profile image
Max Maysonet
  • Investor
  • from New Haven, CT
  • Member since Sep 28, 2019

User Stats

17
Posts
18
Votes
Max Maysonet's profile image
Max Maysonet's profile image
Max Maysonet
  • Investor
  • from New Haven, CT
  • Member since Sep 28, 2019
Max Maysonet
  • Investor
  • New Haven, CT
18
Votes |
17
Posts
Starting Out

Difference between Refi and Equity Loan?

Max Maysonet
  • Investor
  • New Haven, CT
Posted

I'm no property owner but I'm currently searching for my first House Hack.

I'm trying to learn as much as I can and I'm curious as to what would be a smarter way to go about liquidating funds for capital growth?

Let's say I rehab a multi-family (originally financed with a conventional loan), Should I refinance? Or just take a loan on the equity? Is it the same thing? Is it different? if so, How? Is a 1031 possible on both?

I have an idea, but I want to hear the thoughts of BiggerPockets.


Thanks!

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