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Updated over 4 years ago on . Most recent reply

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10
Posts
2
Votes
Luke Chen
  • Real Estate Agent
  • Baltimore, MD
2
Votes |
10
Posts

Refinance to pay down or pay off another mortgage?

Luke Chen
  • Real Estate Agent
  • Baltimore, MD
Posted

Hi everyone, I'm assessing whether to cash out ReFi a property to completely pay off another mortgage, or just pay down the second mortgage and ReFi. Paid off property could use HELOC at a higher rate, or ReFi at a lower rate with fees. Suggestions or thoughts?

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