All Forum Posts by: Jackie Nguyen

I have a basement that i can finish. There isn’t a bathroom downstairs, just washer and dryer hookups. If i finish said basement and add a closet from like IKEA, can i consider that as a bedroom and market it as a bedroom for rent? Tia!

Can you roll your cash out refinance closing costs into your new loan? So say i bought a house for $200k, payed it off to $130k. And i got and refinance it to the new amount of let’s say $250k. That’s $100k-ish i can cash out. Can i use part of that to pay for the closing costs? Or do i pay closing costs first to receive said money. 
this is just an example, thank you in advanced!