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Updated about 4 years ago, 11/16/2020

Josh Gregory's profile image
Josh Gregory's profile image
Josh Gregory
  • from Nashville, TN
  • Member since Jan 23, 2020
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User Stats

17
Posts
8
Votes
Josh Gregory's profile image
Josh Gregory's profile image
Josh Gregory
  • from Nashville, TN
  • Member since Jan 23, 2020
Connect
Josh Gregory
  • Nashville, TN
8
Votes |
17
Posts
Private Lending & Conventional Mortgage Advice

Cash Out Refinance an Investment Property - Rates?

Josh Gregory
  • Nashville, TN
Posted

The details:

I have a single family with long term renters.  Lots of equity.  Current mortgage is about $120K.  Home value is somewhere in the $280k range.

I'm going to start talking to local banks, but I wondered if any of you have done something similar recently?  If so, what was your new rate, and did you do cash out, or simple refi?  Did you pay any points? 

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