I was under the impression it had to be refinanced to a conventional or paid off to be ‘recycled’.

I wasted 25+ years working at a "job" when I should have been buying, rehab'ing, renting, refinancing and repeating...You live and you learn. 

We were motivated to pay off our rental property mortgage that we refinanced from a 30 year loan to a 10-year loan as a way to pay it off sooner and minimize our total interest that we would have to pay.

You must have a good idea of what the appraised value will be when it is refinanced.  

I purchased for 50K and put in about 5K, ARV was 80K when I refinanced last year and currently rents for $1,000.

Hey quick question, does anyone know where I can get more info on refinancing?

I closed in September with the intention of fixing fast and refinancing.

The neat thing for our lender is that they will get paid like clockwork, their investment was protected, and we will have no problem refinancing.

We might need to hold it a few years before refinancing and with rates on the rise, I worry that we'd get locked into a loan with a higher rate. 

Hi thereI'm a South African currently living in the Cayman Islands looking to get into the US market.As a non citizen / non resident I am struggling to obtain 30 year finance at decent rates in the US.I am investigating the possibility of using finance from back home to cover the cost of a unit, then refinancing in the US to squash the mortgage back home and effectively backdoor finance in the US.Does anyone have any experience with this, and have any comments in whether US banks may be more willing to provide refinancing to an already purchased asset held by a foreigner?