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Updated over 6 years ago,

User Stats

50
Posts
32
Votes
Tyler Henry
  • Rental Property Investor
  • Denver, CO
32
Votes |
50
Posts

Refinancing my two mortgages and heloc into one loan

Tyler Henry
  • Rental Property Investor
  • Denver, CO
Posted

Good morning all! I'm newer to BP and RE investing in general, just FYI. 

I have one condo rental and just purchased/moved to a single family home. I'm paying PMI on my new home but have a lot of equity in my condo(around $60-70k after $35k HELOC, thanks to Denver's appreciation!) What is the best way I can refinance these 2 mortgages into one loan and nix that PMI? I know it's possible but what will make it beneficial?