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Updated almost 10 years ago on . Most recent reply
Advice on Financing: Cash-out Refinance, HELOC or other?
Good evening everyone! I am hoping to get some advice or direction with my current situation....
I currently own:
4plex - in Montana (Owe $200k / equity $70k)
SFH - Montana (Owe $100k / equity $70k)
SFH - Florida (Owe $100k / equity $50k)
SFH - Ohio (free & clear / equity $50k)
Right now I am realizing there are better deals out there that I would like to be a part of but do not have the cash to purchase. Thinking about doing some kind of financing to jump start things and start purchasing a couple properties and just build off of that....
I have little experience with Home Equity Loans or HELOC's & I haven't done a Cashout Refinance before either....
Just interested in hearing suggestions and information that can better educate me on the process.