All Forum Posts by: William K.

Absolutely refi both as soon as you can!  Rates keep ticking up but we did see a nice dip last week.

Make sure you're interviewing and comparing your lender options!  Few folks actually compare the origination charges and underwriting fees from lender to lender to make sure you're getting good recommendations and comparing your options.  Speed is also important here so ask those giving you recommendations what the lender's average turn time is.

Good luck

Hey William, so this is just me thinking out loud here. But doing a cash-out refi seems great if you are planning to buy another property. For me, I would be making sure that beyond the down payment, my debt to income and the LTV's of the market you're looking to buy in, will allow you to get approved for the best rates possible. Of course, this is only true if you plan on using debt to purchase this second property. If it's a cash buy, well disregard everything I just said.