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Updated almost 8 years ago,
Cash Out Refinance Investment Property - Are these good terms?
Hello BP,
I'm in the process of completing my first cash out refinance and I wanted to get your take on the terms that i'm being offered. This is a tenant occupied SFR that doesn't have an existing mortgage.
- 75% LTV (appraised value)
- 4.875% fixed for 30 yrs
- 1 point origination
Thoughts?