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Updated almost 8 years ago,

User Stats

14
Posts
1
Votes
Sharita S.
  • Investor
  • Florida
1
Votes |
14
Posts

Refinancing Primary Residence or Heloc or ??

Sharita S.
  • Investor
  • Florida
Posted

Hello, I would love some advice on how to proceed.  We would like to purchase another rental, and don't know the best avenue for financing the purchase.  Current situation

Prop 1SF  No mortgage.   Value 50k  rented for 700

Prop 2 DP No Mortgage.  Value 105k rented for 1400

Primary  11 years left on a 20  apr 5.375   400k+ in equity

I am just really unsure of which direction to take. Sharita

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