Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Refinancing for a rental
So I bought my first house in June using a private money lender ive been making interest only payments. I am finished with the rehab and wasnt sure if I wanted to sell or refinance and rent. Problem is I have had gaps in my employment. but I only owe 1/3 of the appraisal of the house but i would like to get money from refinance to try and purchase another property while i have cash flow coming in off the rental i need some advice on ways to refinance because I talked to a guy a few months back and I didnt qualify he said...any ideas?