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Updated about 3 years ago on . Most recent reply

John Bourque's profile image
John Bourque's profile image
John Bourque
  • Handyman
  • from Massachussetts
  • Member since Dec 26, 2021
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John Bourque's profile image
John Bourque's profile image
John Bourque
  • Handyman
  • from Massachussetts
  • Member since Dec 26, 2021
Connect
John Bourque
  • Handyman
  • Massachussetts
3
Votes |
8
Posts
New Member Introductions

Need Advice on Cash out Refi of investment property

John Bourque
  • Handyman
  • Massachussetts
Posted

Hi All,

I will be closing on a Cashout refi on one of my investment properties this week. I currently owe 40K on my primary HELOC which I used to purchase said investment property. Should I reinvest this 50K into another property or should I payoff the HELOC debt? Any feedback would be greatly appreciated

Thanks for All you do

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