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Updated about 8 years ago, 12/11/2016
new loan refinance my house for an investment property
I have one investment property and it has appreciated a lot in value. I would like to buy another investment property.
The question I have is should I refinance my original home and then pay cash for the second home or should I take out a second loan?
I haven't discussed this with any bank yet, so I don't know what they would advise.