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Updated over 4 years ago on . Most recent reply

User Stats

101
Posts
32
Votes
Ibrahim Yamini
32
Votes |
101
Posts

Will refinancing my house hurt investments opportunities?

Ibrahim Yamini
Posted

I couldn't find if this question was already asked. The BRRRR book did show up though but I haven't read it yet.

I currently have a home loan that was $245K and It’s now at $222K.  I‘m looking to do a straight refinance just to get the new interest rate and not take any equity out.

My plan is to get an investment property around the end of 2021 as I save up and refine my business plan.  When I’m finally ready to pull the trigger, will having a refinance on my record be unappealing to lenders?

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