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Updated over 3 years ago,

Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy
  • from Buffalo Grove, Illinois
  • Member since Apr 3, 2020
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25
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9
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Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy
  • from Buffalo Grove, Illinois
  • Member since Apr 3, 2020
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Alex Tokmazeyskiy
  • Buffalo Grove, IL
9
Votes |
25
Posts
Starting Out

Is it worth to get cash refinancing to buy another property ?

Alex Tokmazeyskiy
  • Buffalo Grove, IL
Posted

Bought a 2 flat 9 years ago in Chicago,  for 160k with 3.5% down. Now it's worth over 360k. I can get about 145k cash from it. Would it be worth investing that into a rentable 2 bedroom condo? I can get about 350 per month income from it probably. 

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