Batavia, IL · Member since 2015 · 14 posts · 2 votes
HI All
Quick question, if I refinanced my personal home now and wanted to invest in a rental in a couple of months, would I cause any myself any problems with getting that conventional loan for the investment property?
Investor · Statewide, MO · Member since 2011 · 814 posts · 425 votes
10y
Your credit score will go down a little. However, if your payment shrinks, it will improve your debt ratios. Apples to apples, it should not effect your ability to get financing most likely.