You should be able to get up to 80% LTV on a rate term refinance.

Best of luck to you.

Refinancing will change your mortgage rate, and if it’s worse than your current rate, it’s not worth it unless you’re getting a great deal.

Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

I expressed my objection to the rate.

So this is creating more competition and more agreesive rent rates and/or concessions like 1 month free to get those vacancies filled.

The truth is, over the last few years, many of these people are barely cashflowing at all and the default rate with the banks on this product is skyrocketing.

The best way to start in rentals is by buying in your own area.

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