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Updated over 4 years ago on . Most recent reply

Refinancing my house to buy an aparment
I have $ 80,000 in equity in my home. Trying to decide either to sell my home or pull it out so i dont have to move my family. In order to invest in real estate. Brrrr strategy seems great but with low long term rental income. Just looking for some options/advice.
Most Popular Reply

Cash out refi if you have a low enough LTV and are looking to remain in the property. Cash out reif is non taxable however if you've lived in your home a while that will be tax free as well if you sell so either option would work.