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Joseph Rios's profile image
Joseph Rios's profile image
Joseph Rios
  • Investor
  • from Paterson, NJ
  • Member since Apr 5, 2016

User Stats

73
Posts
16
Votes
Joseph Rios's profile image
Joseph Rios's profile image
Joseph Rios
  • Investor
  • from Paterson, NJ
  • Member since Apr 5, 2016
Joseph Rios
  • Investor
  • Paterson, NJ
16
Votes |
73
Posts
Buying & Selling Real Estate

Appraisal higher than purchased price

Joseph Rios
  • Investor
  • Paterson, NJ
Posted
BP community, I bought a house early this year at $199k (short sale) and it was appraised at $243K. Would it be possible to refinance the loan at the appraised value and get the difference in cash to invest in another property? Thanks, Joey
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