Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

56
Posts
23
Votes
Rich Bultema
  • Crown Point, IN
23
Votes |
56
Posts

Refinancing a Heloc with an old furnace

Rich Bultema
  • Crown Point, IN
Posted

I am looking to refinance an existing HELOC to increase the line of credit. The home has a 27 year old but still working furnace.

Will I get dinged on the appraisal enough to make it worth changing the furnace ahead of time? In other words, will my line of credit be limited by the old furnace by more than what a new one might cost? 

Im not otherwise concerned about it breaking since I have other ways to heat the home. 

also A/C is only a few years old. Not concerned with it.

Loading replies...