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Updated over 4 years ago, 07/22/2020

Nick Dillaha's profile image
Nick Dillaha's profile image
Nick Dillaha
Pro Member
  • Real Estate Investor
  • from Fort Myers, Florida
  • Member since Oct 4, 2014
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User Stats

50
Posts
4
Votes
Nick Dillaha's profile image
Nick Dillaha's profile image
Nick Dillaha
Pro Member
  • Real Estate Investor
  • from Fort Myers, Florida
  • Member since Oct 4, 2014
Connect
Nick Dillaha
Pro Member
  • Real Estate Investor
  • Fort Myers, FL
4
Votes |
50
Posts
Florida Real Estate Q&A Discussion Forum

Do I need a commercial loan to refinance my rental?

Nick Dillaha
Pro Member
  • Real Estate Investor
  • Fort Myers, FL
Posted

Hi BP! 

Just looking for a little advice on refinancing. I own a rental townhouse/condo in my area and currently have an ARM with my local credit union and am looking to refinance the property to a 30 year fixed. My question is do I need a commercial loan if I am looking to refinance and pull equity out? If so, any recommendations? And if not, any recommendations on a bank to use for this refinance? Thanks so much.

  • Nick Dillaha
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