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Updated about 2 years ago on . Most recent reply

Cosmo DePinto's profile image
Cosmo DePinto's profile image
Cosmo DePinto
  • Investor
  • from Long Island, NY
  • Member since Oct 25, 2021

User Stats

39
Posts
24
Votes
Cosmo DePinto's profile image
Cosmo DePinto's profile image
Cosmo DePinto
  • Investor
  • from Long Island, NY
  • Member since Oct 25, 2021
Cosmo DePinto
  • Investor
  • Long Island, NY
24
Votes |
39
Posts
Personal Finance

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 ? 

Birmingham, Alabama
1 Vote
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