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Updated over 7 years ago,

User Stats

29
Posts
11
Votes
Alex Stariha
  • Real Estate Investor
  • Chicago, IL
11
Votes |
29
Posts

Cash out refinance OR line of credit?

Alex Stariha
  • Real Estate Investor
  • Chicago, IL
Posted
Hi everyone new to bigger pockets and hoping I can find some help. I'm a young guy just starting to invest and in my mind I have a few options but don't know what the best way to go is for long term investing. I've got a 3 unit in chicago right now that's an fha loan that has 25% equity in it today. Then I have 4 single family homes in Indiana three of which I own free and clear. I want to purchase more but don't know if I should cash out refinance the 3 SFH's or get a line of credit on them.

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