And thought of refinancing it. 

You’re just adding costs and complexities especially involving refinancing.

If you're looking to tap into the equity of your rental without refinancing, consider a home equity line of credit (HELOC) if you have enough equity.

Hey everyone,My friend and I are partnering on a deal in Atlanta where he brings 100% of the up front cash (i.e. 20% down payment and $50K-ish for a rehab) and I find the deal, manage rehab, run numbers, and am the brains of the operation (and I manage the buy/hold on the back end) and assist downstream with refinancing.

On the other hand, refinancing would provide a fixed rate mortgage that is lower in interest and has less concerns for paying back in the short term as long as the property still cash flows.

Hi @Brandy Horkey     I'm also in Orlando, so happy to see how I can help and run some numbers for you to see if refinancing even makes sense.

Hi, I am a complete toddler when it comes to investing and buying a house in general…Just learned what refinancing was a couple months ago.

Now that the property is refinanced and stable, I'll be heading back home.

This deduction is typically claimed on Schedule E of your tax return.Points Paid for Refinancing: If you paid points to refinance your rental property, you usually must deduct the points over the life of the loan.

Now that the property is refinanced and stable, I'll be heading back home."