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Updated almost 8 years ago on . Most recent reply

Khemaro N.'s profile image
Khemaro N.'s profile image
Khemaro N.
  • from Lowell, Massachusetts
  • Member since Jul 21, 2017
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User Stats

143
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Khemaro N.'s profile image
Khemaro N.'s profile image
Khemaro N.
  • from Lowell, Massachusetts
  • Member since Jul 21, 2017
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Khemaro N.
  • Lowell, MA
37
Votes |
143
Posts
Buying & Selling Real Estate

Refinancing an investment

Khemaro N.
  • Lowell, MA
Posted
So for example I purchased a 70,000 house as an investment with a 20% down payment. The surrounding houses is worth 120-150k. So I Fix it up a bit and make it look pretty. Now it's arv is around 120-150k. How soon can I refinance this house to get my down payment back n payoff the initial loan?
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