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Updated 3 months ago on . Most recent reply

Dorian Gray's profile image
Dorian Gray's profile image
Dorian Gray
  • Member since Jan 22, 2020
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Dorian Gray's profile image
Dorian Gray's profile image
Dorian Gray
  • Member since Jan 22, 2020
Connect
Dorian Gray
8
Votes |
11
Posts
General Real Estate Investing

Cash out refinance

Dorian Gray
Posted

I have about 950k in properties. I have about 550k in equity, one property is completely paid off. Recently after some medical issues(I’m all good now) I’ve exhausted all my reserve funds and have 50k in high interest debt. I am thinking to refinance my paid off property. Just not sure if I should just get the 50k to pay off my loans or get more cash out of the property for reserve funds

Columbus, Ohio
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