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Updated about 1 year ago,

User Stats

33
Posts
21
Votes
Cosmo DePinto
  • Investor
  • Long Island, NY
21
Votes |
33
Posts

Cash out refinance

Cosmo DePinto
  • Investor
  • Long Island, NY
Posted

Hello. I bought a rental in 2021 that has a good amount of equity it in now (over $150k). The problem is my interest rate is under 3%. Do you think it’s better to cash out refinance and take the equity and buy more…or keep it at the current rate ? 

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