Refinancing Rental Property

[Brandon Redfern]

I'm about to refi a rental to a 15 year. It only adds $60/month and I'm still cash flowing. I paid down the rate to get a 3.625. I checked with 2 online loan services. The property is not in the state that I live in. Is that a good rate? This will knock off 8 years and save me $100k if I pay for the full 15 years.