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Updated almost 5 years ago on . Most recent reply

User Stats

158
Posts
49
Votes
Mitchell Litam
  • Investor
  • Lakewood, OH
49
Votes |
158
Posts

Cash out Refi to use for house?

Mitchell Litam
  • Investor
  • Lakewood, OH
Posted

Hey guys!

My house is 100+ years old and I think the windows are original with the weights and the little cords on the outside. I replaced a couple windows myself because the quotes I got from companies were through the roof.

The siding is also wood and different parts of the house need constant work.

The siding estimate was around $40,000 which is a large chunk of change. Is it worth it to cash out refi the house to pay for siding and help pay for windows?

I would not be selling the house but wouldnt all the work to the house be good work that makes the value of the house go up?

I would be doing the windows myself to save some cost before and so the siders can cap all the windows.

Is this worth all the hassle or should I just deal with all the wood siding slowly falling off and painfully finding people to replace different spots?


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