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Answer by Daniel Griscom for Is it a good strategy to +cash out refi every...

When you refinance, there is cost (guess: around $2000-$3000) to cover lawyers, paperwork, surveys, deed insurance, etc. etc. etc. Someone has to pay that cost, and in the end it will be you.Even if...

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Is it a good strategy to +cash out refi every six months?

I was speaking to a coworker, who says he uses the following strategy:He refinances his house every 6 months with a +cash out refi (a refi that has negative closing costs). His argument is that...

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