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Updated almost 7 years ago on . Most recent reply

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Manny Jisrawi
  • South San Francisco, CA
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Refi with CashOut vs Straight Refi

Manny Jisrawi
  • South San Francisco, CA
Posted
I'm curious about two difference approaches. Would it be better to refi with ~50k CashOut and lower monthly cost in a primary residence by $1500/month; with the intention to use the $50k towards an investment property. Or Would it be better to straight refi and lower the monthly cost on a primary residence by $2200\month. So take $50k now, or be able to save $700 more a month now. What would a real estate investor do?

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