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Updated over 6 years ago on .

Latimer Luis's profile image
Latimer Luis's profile image
Latimer Luis
  • Rental Property Investor
  • from Antioch, CA
  • Member since Jul 15, 2017
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50
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20
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Latimer Luis's profile image
Latimer Luis's profile image
Latimer Luis
  • Rental Property Investor
  • from Antioch, CA
  • Member since Jul 15, 2017
Connect
Latimer Luis
  • Rental Property Investor
  • Antioch, CA
20
Votes |
50
Posts
Off Topic

Anyone do a cash out refi for a student loan?

Latimer Luis
  • Rental Property Investor
  • Antioch, CA
Posted
Just wondering if anyone’s done a cash out refi of their primary residence to pay off a student loan? I know a HELOC for this reason isnt a good idea but what about a refi? Current student loan is at $102K at 7.9% Im looking to take out only the amount owed at 4.09% (5/1 30-year ARM) because we plan to sell in 2 yrs anyhow. We do have enough equity. Any have experience doing this? Any regrets?
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