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Updated almost 3 years ago,

Austin Ogden's profile image
Austin Ogden's profile image
Austin Ogden
  • Member since Feb 23, 2022
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Austin Ogden's profile image
Austin Ogden's profile image
Austin Ogden
  • Member since Feb 23, 2022
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Austin Ogden
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General Real Estate Investing

Best use of funds to finish basement to rent out

Austin Ogden
Posted

I have a 2300 sq ft unfinished basement that I want to finish with the intent of renting it out. Similar basement rentals rent out for 2200/month. 

I have a conventional loan with a low interest rate so I don’t think a cash-out refi makes sense. I have roughly 200k in equity and live near Salt Lake City, Utah.

Thoughts?

Salt Lake City, Utah
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