Investment Info:

Single-family residence buy & hold investment.

Purchase price: $425,000

Cash invested: $23,000

1 bedroom short term rental in the smokies

Hello!

I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?

Home value: $400,000Mortgage balance: $51,000

Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...

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