Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Neil D.
  • Investor
  • Ironton, OH
0
Votes |
1
Posts

Refinance Rental Property

Neil D.
  • Investor
  • Ironton, OH
Posted

Hello all, I have got 5 rental properties that I own free and clear.4 of which is rented out and the 5th is in the middle of a remodel.My situation is that I took a mortgage out on my primary residence, and a HELOC out as a second lien on my primary residence to purchase the properties.My question is, Can I or should I try to refinance 1 of my rental properties to free up some money to help out with the remodel on my 5th house,or help out with purchasing my 6th house down the road.If that is a good idea where would a good place to go check out.I have a really good income from my employer,good credit,and not much debt at all. Thanks a lot .

Loading replies...