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Updated about 21 hours ago,

User Stats

5
Posts
2
Votes
Joshua Martin
Pro Member
2
Votes |
5
Posts

Forced Equity Cash out

Joshua Martin
Pro Member
Posted

Hello all,

I have owned my primary residence for 3 years. I have renovated with contractors and some DIY. All together around 80k worth of money invested. Looking to get that cash back as soon as possible to use it to fund my business. Intentions are to rent the house out next year and find a new primary. Wondering if it will be a waste in fees paid to either HELOC or Cashout Refi because there may be a possibility of having to sell to get the primary residence we want next year and end up paying Realtor fees to sell it.

Thanks in advance.

  • Joshua Martin
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