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Updated about 4 years ago,

User Stats

12
Posts
1
Votes
Ryan Trexler
  • Agawam, MA
1
Votes |
12
Posts

Home equity to buy new home

Ryan Trexler
  • Agawam, MA
Posted

Hello BP,

My wife and I have about 80K of equity in our home. We are also looking to upgrade but would like to keep the current home as a potential rental. 

What is the best way to take the 80K of equity and put it towards the purchase of a new home? Would you also refinance the current home?

Thanks,

Ryan

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