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Updated almost 2 years ago,

Santosh Prabakar's profile image
Santosh Prabakar's profile image
Santosh Prabakar
  • Member since May 1, 2018
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27
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6
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Santosh Prabakar's profile image
Santosh Prabakar's profile image
Santosh Prabakar
  • Member since May 1, 2018
Connect
Santosh Prabakar
6
Votes |
27
Posts
Private Lending & Conventional Mortgage Advice

Interest only refi

Santosh Prabakar
Posted

I bought a fixer in Oct 2022 in leander TX and due to market conditions lm unable to sell it. I plan to make it a rental and would like to do a cash out refinance for $125k. What are the rates for interest only refi? Will there be any prepayment penalty? Any big disadvantage of doing interest only? 

Austin, Texas
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