Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

2,206
Posts
3,065
Votes
Collin Hays
Property Manager
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
3,065
Votes |
2,206
Posts

Refinancing my STRs at 2.5% 30 year fixed!

Collin Hays
Property Manager
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Posted

So I have mortgages on all of my properties, 30 year fixed with interest rates in the mid 5s. A credit union here is offering to refinance them for as low as 2.5%.  That saves me $1000 a month from now on, and I think at that rate I'll just go 30 years.  Why would I be in any rush to pay off a loan at 2.5%?   

I am in disbelief right now.

business profile image
SMOKY MOUNTAIN FALLS INC.

Loading replies...