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Updated 9 months ago on . Most recent reply

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Michael Roman
  • Investor
  • north east
1
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What builds you more equity in your house

Michael Roman
  • Investor
  • north east
Posted

I am contemplating on my current project on wether  I should make the current apartment a 3 bedroom but sacrifice the living room space or make it a 2 bedroom with a bigger living room space . When I refinance which would give me the most built up equity into the house ?

  • Michael Roman
  • Most Popular Reply

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    Robert Rixer#1 Multi-Family and Apartment Investing Contributor
    • Investor
    • Miami, FL
    235
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    Robert Rixer#1 Multi-Family and Apartment Investing Contributor
    • Investor
    • Miami, FL
    Replied

    This is where real estate can be more art than science. Typically a 3-bed would have a larger living space than a 2-bed as you expect more people in the household. If you have living area to sacrifice, then a 3-bed could make sense. However if your living area is going to be noticeably tight compared to other 3-bed comps then you may want to stick to 2. 

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