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Updated about 9 years ago on . Most recent reply

User Stats

73
Posts
16
Votes
Joseph Rios
  • Investor
  • Paterson, NJ
16
Votes |
73
Posts

When to Refinance a mortgage?

Joseph Rios
  • Investor
  • Paterson, NJ
Posted
BP community, I bought a house early this year at $199k (short sale) and it was appraised at $243K. Would it be possible to refinance this house at the appraisal value and get the difference in cash to invest in another property? Or do you need to wait some time after the purchase to refinance the mortgage? Thanks, Joey

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