Updated over 8 years ago on . Most recent reply
Should I pull equity asap
I have two townhouses in Jacksonville FL with a combined equity of around $60,000
They were purchased last August and September so I can't pull anything yet but I want to be ready in case this year is still a good time to buy. If I wait until the next year or two the values may drop but if I pull the equity in August then I'll have a new contract with a cash out refi or HELOC, I'm not sure which is best for me yet. It may even be better to just pull the cash then wait for a downturn, I'm just not sure. Any thoughts?