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Updated over 3 years ago on . Most recent reply

Chinazom E Onubogu's profile image
Chinazom E Onubogu's profile image
Chinazom E Onubogu
  • Investor
  • from Fort Myers, FL
  • Member since Aug 9, 2021
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13
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3
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Chinazom E Onubogu's profile image
Chinazom E Onubogu's profile image
Chinazom E Onubogu
  • Investor
  • from Fort Myers, FL
  • Member since Aug 9, 2021
Connect
Chinazom E Onubogu
  • Investor
  • Fort Myers, FL
3
Votes |
13
Posts
Creative Real Estate Financing

HELOC vs Refinance- Which would be ideal?

Chinazom E Onubogu
  • Investor
  • Fort Myers, FL
Posted

I purchased a brand new construction for 309k last year, refinanced in Jan 2021 from 3.6 to 2.7, home appraised at 325k at the time. Now homes are selling in the area for 480-540k. The 480k was the exact same model as mine and size, the 540 was with a pool i believe...I am considering either a HELOC vs cash out refinance to fund my first rehab deal rather than offset savings. Thoughts?

  • Chinazom E Onubogu
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