As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.

Thought about refinancing at the time, but didn't do it before rates exploded.

I have other assets in Canada but I looking at bringing everything here when the exchange rate is better.

@Arlinda RexhoWhen considering a 32-64 unit multifamily property in Texas, focus on strong locations with population growth, proximity to amenities, and low crime rates.

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.

Their fees and interest rates were high, but they had the least restrictive approval terms from what I gathered.

also we do not know what is going to happen with int rates, they are very high now, the economy is not good and it is not certain they will be coming down this year. we know there will be more responsible gov spending, so maybe rates will come down, no way to know...I think you need to know the market where you plan to buy well, and go from thereBest of luck

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.

Don't let the idea of a low interest rate trap you from upgrading to size/scale.

If it was due to a natural disaster they cannot raise your rates.