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Updated about 7 years ago on . Most recent reply

Timothy Casallas's profile image
Timothy Casallas's profile image
Timothy Casallas
Agent
  • Real Estate Agent
  • from Queens, NY
  • Member since Feb 2, 2015
  • Posts 83
  • Votes 39
  • Experience 9 Yrs
  • Investments 10
Connect

User Stats

83
Posts
39
Votes
Timothy Casallas's profile image
Timothy Casallas's profile image
Timothy Casallas
Agent
  • Real Estate Agent
  • from Queens, NY
  • Member since Feb 2, 2015
  • Posts 83
  • Votes 39
  • Experience 9 Yrs
  • Investments 10
Connect
Timothy Casallas
  • Real Estate Agent
  • Queens, NY
39
Votes |
83
Posts
General Real Estate Investing

Noobie Question on Refinancing

Timothy Casallas
  • Real Estate Agent
  • Queens, NY
Posted

This is going to be a real n00b question but I am new and I always get confused about refinancing. 

The down and dirty is I bought a house for 135k with a VA loan so 0% down payment. 2 years later the house is appraised at 155k. Could I essentially just refi and pull 20k out and it wouldn't affect my loan? Or use that 20k to help pay off my current loan?

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