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Updated almost 8 years ago,

Lena Truong's profile image
Lena Truong's profile image
Lena Truong
  • Rental Property Investor
  • from Oklahoma City, OK
  • Member since May 30, 2015
  • Posts 29
  • Votes 18
  • Experience 15 Yrs
  • Investments 3
Connect

User Stats

29
Posts
18
Votes
Lena Truong's profile image
Lena Truong's profile image
Lena Truong
  • Rental Property Investor
  • from Oklahoma City, OK
  • Member since May 30, 2015
  • Posts 29
  • Votes 18
  • Experience 15 Yrs
  • Investments 3
Connect
Lena Truong
  • Rental Property Investor
  • Oklahoma City, OK
18
Votes |
29
Posts
General Real Estate Investing

Would you always Refinance if equity is available?

Lena Truong
  • Rental Property Investor
  • Oklahoma City, OK
Posted
I have a property that has a current market value of $112k, our principal is $58k. Would you always refinance so that you can use those funds to leverage another property? I'm currently cash flowing $250/month after expenses. My husband has a mindset of paying things down. And I want to leverage as much I can to build our portfolio faster. Your thoughts? Thank you !
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