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Updated over 10 years ago on . Most recent reply

Michael Barbari's profile image
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Michael Barbari
  • Banker
  • from Downers Grove, IL
  • Member since Oct 1, 2014
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User Stats

396
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Michael Barbari's profile image
Michael Barbari's profile image
Michael Barbari
  • Banker
  • from Downers Grove, IL
  • Member since Oct 1, 2014
Connect
Michael Barbari
  • Banker
  • Downers Grove, IL
107
Votes |
396
Posts
New Member Introductions

Newbie from Oak Brook, IL

Michael Barbari
  • Banker
  • Downers Grove, IL
Posted

Hello fellow investors. I just started to invest in RE. I bought a 2 unit in La Grange, IL. My mortgage balance is 140k and it was appraised for 221k in April when I bought it. I am looking for advice. Should I do a cash out refi or get a line of credit to get more properties? I am also looking to buy a house next year and I am strapped for cash at the moment. I have too many thoughts running in my head and I need some guidance and options. Thanks!!

Mike

  • Michael Barbari
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