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Updated over 2 years ago on . Most recent reply

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201
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Ellie Narie
  • Investor
  • Ashland, OR
37
Votes |
201
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What are the best rates to refinance a 4-plex right now?

Ellie Narie
  • Investor
  • Ashland, OR
Posted

No cash out necessary (just need enough to cover closing costs). I'm looking up rates on random websites like bankrate, and seeing Sage Mortgage have some pretty good rates. However, they show rates for SFRs mostly. What are the rates right now for conventional mortgages on investment property? I have 25% equity and need to refinance a 4-plex out of FHA so I can get another FHA.

Most Popular Reply

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Eliott Elias
  • Investor
  • Austin, TX
5,552
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9,861
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Eliott Elias
  • Investor
  • Austin, TX
Replied

I'd hold off on the refi unless you're pulling the cash out and need it. If it's just a refi i'm anticipating rates to go back down to historic lows at the end of the year

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