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Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Anthony Grant
  • New to Real Estate
  • Tacoma, WA
2
Votes |
13
Posts

Can you refinance your house to pay of a HELOC?

Anthony Grant
  • New to Real Estate
  • Tacoma, WA
Posted

Hello, a friend of mine is further along in Real Estate than myself. He’s also a member of Bigger Pockets but isn’t getting any response to his post.

His question is if he takes 77k or maybe a little less on a HELOC to remodel his house from 3 bedrooms and 1 bath to 4 bedrooms 2 bath with a master. Can he still refinance his house after the remodel is complete to pay off the HELOC or should he look into other ways to finance his remodel?

Thank you in advance to everyone that takes the time to read and respond to my post.

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