brrr.. refi amount??
almost finished with my first brrr property. i own it outright, and when it's finished it will appraise at close to $135-150k. would you take out the max amount when refinancing, or play it more safe?? my initial thought is to only cash out 50-60k to keep my loan to a minimum, and hopefully pay it off quicker. however, if i cash out more money, then i'd have more cash to immediately invest. thoughts on one way vs the other?? thanks for the input.
adam