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Updated almost 3 years ago, 01/28/2022

User Stats

54
Posts
26
Votes
Tim Lee
  • New to Real Estate
  • San Francisco, CA
26
Votes |
54
Posts

First time cash out refinance

Tim Lee
  • New to Real Estate
  • San Francisco, CA
Posted

I'm an out of state investor and I have 2 rentals in DFW. In 2022, I'm looking to do a cashout refinance. I purchased one with cash and the other with my HELOC. Since it's my first time doing a cashout refinance, any advice would be appreciated! Not sure if I should look for lenders in Texas or here in California and how many lenders should I talk to? My insurance agent thought that both properties could be refinanced at same time at a discount? Again, thanks for your help!

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