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Updated over 1 year ago,

Peyton LaBarbera's profile image
Peyton LaBarbera's profile image
Peyton LaBarbera
  • Investor
  • from Connecticut
  • Member since Jul 16, 2023
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User Stats

140
Posts
27
Votes
Peyton LaBarbera's profile image
Peyton LaBarbera's profile image
Peyton LaBarbera
  • Investor
  • from Connecticut
  • Member since Jul 16, 2023
Connect
Peyton LaBarbera
  • Investor
  • Connecticut
27
Votes |
140
Posts
General Real Estate Investing

A Refinancing Question

Peyton LaBarbera
  • Investor
  • Connecticut
Posted

Lets say I bought a house for 200k with 20% down so 40K into the property and a year later I decided to refinance to get better rates for more cash flow but the property went up to 250k would I now have to put up an additional 10k to reach that 20% equity or do I now have 50k in extra equity?

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