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Updated about 6 years ago on . Most recent reply

Lawrence L.'s profile image
Lawrence L.'s profile image
Lawrence L.
  • Rental Property Investor
  • from Bronx, NY
  • Member since Jan 6, 2008
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User Stats

144
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64
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Lawrence L.'s profile image
Lawrence L.'s profile image
Lawrence L.
  • Rental Property Investor
  • from Bronx, NY
  • Member since Jan 6, 2008
Connect
Lawrence L.
  • Rental Property Investor
  • Bronx, NY
64
Votes |
144
Posts
Private Lending & Conventional Mortgage Advice

Need some advice on refinance !!

Lawrence L.
  • Rental Property Investor
  • Bronx, NY
Posted

I have a two family that has equity. I want to take some out to purchase another investment property. I would like to get a HELOC but my credit has some dings. So I was thinking about refinancing...Here is my question my rate right now is 3.5% and if I refinance the rate will be 5 or higher due to my ding. Would you refi ? Thanks in advance for thoughts on this.

  • Lawrence L.
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