In this video, I address the question of whether you should do a cash-out refinance. With more equity than ever and more “tappable equity” than ever people are looking to get cash out in their homes. While a cash-out refinance can be a great tool it’s important to think about where the money from the cash-out refinances is going to be going. If it’s going to be wasted on a Vegas trip or a lavish car purchase that may be a bad idea. If you are paying off high-interest debt or investing in high-return investments it may be a fabulous idea. Remember, I’m just a dude on YouTube, so be nice.
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