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Updated 4 months ago,

Trerynor Tetik's profile image
Trerynor Tetik's profile image
Trerynor Tetik
  • Rental Property Investor
  • from Tucson, AZ
  • Member since Aug 24, 2016
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User Stats

12
Posts
3
Votes
Trerynor Tetik's profile image
Trerynor Tetik's profile image
Trerynor Tetik
  • Rental Property Investor
  • from Tucson, AZ
  • Member since Aug 24, 2016
Connect
Trerynor Tetik
  • Rental Property Investor
  • Tucson, AZ
3
Votes |
12
Posts
Buying & Selling Real Estate

$100K+ in equity on a 2% mortgage

Trerynor Tetik
  • Rental Property Investor
  • Tucson, AZ
Posted

I have a $115 loan at 2.25% on a 15 year note. The home is valued around $300k. I’m tempted to do a cash out refi. I can cash out refi $100k to a 30 year at 7% but lose cash flow and break even. I want to reinvest the $100K but I’d hate to loose a 2% loan and cashflow. Any advice? 

Tucson, Arizona
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