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Updated over 3 years ago,

Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy
  • from Buffalo Grove, Illinois
  • Member since Apr 3, 2020
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User Stats

25
Posts
9
Votes
Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy's profile image
Alex Tokmazeyskiy
  • from Buffalo Grove, Illinois
  • Member since Apr 3, 2020
Connect
Alex Tokmazeyskiy
  • Buffalo Grove, IL
9
Votes |
25
Posts
General Landlording & Rental Properties

Feedback needed please on cash refinancing!

Alex Tokmazeyskiy
  • Buffalo Grove, IL
Posted

My Rental property is worth over 350k and purchased for 160k. Older property. 127k left loan started in 2012.  Thinking of cash refinancing and using 120k to buy a rental condo. Building is old with old plumbing and updates needed. I do get about $900 of income on average from it. Or was thinking maybe buying a fixer and flipping. 

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