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Updated about 4 years ago,

Sam Elder's profile image
Sam Elder's profile image
Sam Elder
  • Investor
  • from Valley Center, Kansas
  • Member since Aug 12, 2015
Connect

User Stats

26
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5
Votes
Sam Elder's profile image
Sam Elder's profile image
Sam Elder
  • Investor
  • from Valley Center, Kansas
  • Member since Aug 12, 2015
Connect
Sam Elder
  • Investor
  • Valley Center, KS
5
Votes |
26
Posts
Real Estate News & Current Events

Harvesting equity in this market

Sam Elder
  • Investor
  • Valley Center, KS
Posted

I am curious as to how folks are thinking these days with regard to harvesting equity in rental properties? Cash out refinance? Sell? An example may help: single family home bought for 80k with 58k mortgage balance left (4.5 rate on 30 year fixed). We have had offers in the $120-130k range. I have not yet investigated refinance options and rates. Thank you!

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