Updated about 4 years ago on . Most recent reply
HELOC vs Refinance- Which would be ideal?
I purchased a brand new construction for 309k last year, refinanced in Jan 2021 from 3.6 to 2.7, home appraised at 325k at the time. Now homes are selling in the area for 480-540k. The 480k was the exact same model as mine and size, the 540 was with a pool i believe...I am considering either a HELOC vs cash out refinance to fund my first rehab deal rather than offset savings. Thoughts?