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Updated about 9 years ago,

User Stats

31
Posts
6
Votes
Patrick Sanders
  • Investor
  • Nashville, TN
6
Votes |
31
Posts

Refinancing for a rental

Patrick Sanders
  • Investor
  • Nashville, TN
Posted

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?

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