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Updated about 5 years ago,
Cash Out Refi Amount
I have a 3 Family house in Jersey City where I Airbnb two apartments and have a regular rental on the third. My income is currently around $9,000 per month. I owe 580k and am in the process of doing a cash out refi. The property appraised at $1,150,000 and I can do up to 75%. Should I pull out as much money as possible now? Or just pull out a moderate amount? Thanks in advance for any and all advice.