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Updated over 2 years ago on . Most recent reply

Archimedes Jao's profile image
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Archimedes Jao
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Archimedes Jao's profile image
Archimedes Jao's profile image
Archimedes Jao
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Archimedes Jao
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Short-Term & Vacation Rental Discussions

How and when to do a cash out refinance and what is the equation

Archimedes Jao
Posted

We are about to close on our first STR, and we are rehabbing it. When is the right time to do cash out refinancing so that we can move on to the next property? What equation can I use? Thank you.

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    Bud Gaffney's profile image
    Bud Gaffney's profile image
    Bud Gaffney
    • Rental Property Investor
    • from Boston, MA
    • Member since Oct 22, 2019
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    Bud Gaffney's profile image
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    Bud Gaffney
    • Rental Property Investor
    • from Boston, MA
    • Member since Oct 22, 2019
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    Bud Gaffney
    • Rental Property Investor
    • Boston, MA
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    Bud Gaffney
    • Rental Property Investor
    • Boston, MA
    Replied

    @Archimedes Jao I typically love cash out refis but these rates currently are too high.

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