Home equity vs refinance

2 Replies

Hi, everyone I live in haverhill I need someone to help me beacuse i not sure If i can take my equity or refinance . i bought two apartments in haverhill two year ago and now i got good equity .

Talk to a lender about refinancing they will be able to let you know what you qualify for, but you will probably be sacrificing a higher interest rate for lower overall payments.

Definitely agree with Aaron about talking to a lender first, but I really like the idea of a heloc and having the ability to use it for investing, pay it off, and then continue using it after paying it off or down...but I guess it also depends on the kind of investing u plan on using it for