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Updated about 4 years ago on . Most recent reply

Justin Youngblood's profile image
Justin Youngblood's profile image
Justin Youngblood
  • Rental Property Investor
  • from Apex, NC
  • Member since Jun 14, 2018
  • Posts 66
  • Votes 10
  • Experience 8 Yrs
  • Investments 4
Connect

User Stats

66
Posts
10
Votes
Justin Youngblood's profile image
Justin Youngblood's profile image
Justin Youngblood
  • Rental Property Investor
  • from Apex, NC
  • Member since Jun 14, 2018
  • Posts 66
  • Votes 10
  • Experience 8 Yrs
  • Investments 4
Connect
Justin Youngblood
  • Rental Property Investor
  • Apex, NC
10
Votes |
66
Posts
Creative Real Estate Financing

Should I Refinance to Pull My Money Out

Justin Youngblood
  • Rental Property Investor
  • Apex, NC
Posted

Hey guys! I'm in the second year of a 5 year ARM (3.875%) on a deal I did a couple years ago. I have about $50k in equity but I'd like to refinance to get my initial down payment back out so I can reinvest it in another property. Does anyone have any advice on if this is a good idea or not, and if so how I would I go about getting it done?

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