House Hacking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Unorthodox House Hack?
In this economy the value of my home has skyrocketed. I am eligible for a cash out refi of about 100k. Would it be practical, smart, ridiculous or whatever to cash out and use that money to purchase a rental property? Would it be better to hold on to the cash until the housing prices came back down a bit?