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Updated over 10 years ago on . Most recent reply

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Craig Henry II
  • Houston, TX
2
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1
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First Property and what now?

Craig Henry II
  • Houston, TX
Posted

I am currently a real estate agent living and working in Houston, Texas.  I have been doing it for about 2 years.  Also, about 2 years ago I purchased a condo in a building in Midtown. When the area was completely unpopular for $76,000.  The mortgage is around $55,000 and if I sold today it would be worth around $125K to $130K.  I was very fortunate.  I do not want to sell but I want to use the equity to purchase my next property and rent that one out.  My credit score is around 620 I believe so going the traditional route of cash out refi doesn't seem likely.  


Anyone have any suggestions about a good route.

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