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Updated almost 2 years ago,

Val C.'s profile image
Val C.'s profile image
Val C.
  • Rental Property Investor
  • from Los Angeles, California
  • Member since Dec 5, 2016
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User Stats

57
Posts
8
Votes
Val C.'s profile image
Val C.'s profile image
Val C.
  • Rental Property Investor
  • from Los Angeles, California
  • Member since Dec 5, 2016
Connect
Val C.
  • Rental Property Investor
  • Los Angeles, CA
8
Votes |
57
Posts
Innovative Strategies

Refinance keeping my current rate

Val C.
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi Bp community my parents have a 4 unit building in Los Angeles mortgage interest rate is 2.00% with about 600,000 in equity.

What would be the best strategy to pull out cash (300,000) to renovate? With out touching the 2.00% interest rate they have in place now. ?

Thank you for your help in advance 🙏

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