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Updated 10 months ago,
better to just cash out refi later?
Given the current rental property mortgage rate is well above 7.2, and it looks like it is not going to go down any time soon...i expect it will take 3 years to go down by 2 pp...
Is it still dumb to buy a 500k investment property full cash and plan to cashout refi in 2,3 yrs? still recommend getting some 50% mortgage? thx experts