New to Real Estate · Dayton, OH · Member since 2020 · 122 posts · 39 votes
Hello BP would you do a cash out refinance of your personal home to purchase real estate ? I have the opportunity to purchase 2 rental properties. I applied for a mortgage but was wondering if a cash out refinance would be a better option
Rental Property Investor · Columbia, SC · Member since 2020 · 302 posts · 186 votes
5y
A cash our refinance is a very powerful tool, either way I would try and use debt to be able to grow your portfolio. So if you need the cash out to be able to buy more cash flowing rentals as long as the number make since I would go for it.