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Updated over 5 years ago on . Most recent reply

Anthony Smoke's profile image
Anthony Smoke's profile image
Anthony Smoke
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Aug 11, 2019
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User Stats

38
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48
Votes
Anthony Smoke's profile image
Anthony Smoke's profile image
Anthony Smoke
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Aug 11, 2019
Connect
Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
48
Votes |
38
Posts
Private Lending & Conventional Mortgage Advice

Refinance / Line of Credit

Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
Posted

I have a large sum of equity in my primary residence. I want to pull the equity out so that I can use it to purchase rental properties. Is it better to refinance my mortgage or apply for a line of credit? 

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Anthony Smoke's profile image
Anthony Smoke's profile image
Anthony Smoke
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Aug 11, 2019
Connect

User Stats

38
Posts
48
Votes
Anthony Smoke's profile image
Anthony Smoke's profile image
Anthony Smoke
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Aug 11, 2019
Connect
Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
48
Votes |
38
Posts
Anthony Smoke
  • Rental Property Investor
  • Charlotte, NC
Replied

@Shaun Weekes - Thank you for your response. That is very helpful. 

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