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Updated about 5 years ago,

Alvaro Rodriguez's profile image
Alvaro Rodriguez's profile image
Alvaro Rodriguez
  • Specialist
  • from Houston, TX
  • Member since Jan 31, 2019
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151
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17
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Alvaro Rodriguez's profile image
Alvaro Rodriguez's profile image
Alvaro Rodriguez
  • Specialist
  • from Houston, TX
  • Member since Jan 31, 2019
Connect
Alvaro Rodriguez
  • Specialist
  • Houston, TX
17
Votes |
151
Posts
Buying & Selling Real Estate

Advantage/disadvantage of refinancing

Alvaro Rodriguez
  • Specialist
  • Houston, TX
Posted

I have around 25% equity in my house. House is worth $220k and I have around $55k in equity. Would refinancing be a good idea giving the fact that my credit has improved? Also, I was thinking about refinancing to take that money out and invest in another house. How does the refinancing process work?

Thank you

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