If the note is refinanced immediately we increase our net worth by $685,000 instead of $450,000.2.

In this day and age, not having a online Prescence and clearly documented track record is just a huge red flag

Here's a few online sources on the matter:The fact of the matter is, the landlord cannot “double-dip,” collecting full rent from one tenant, who has vacated, and collecting again from the new tenant.From: https://corealestateattorneys.com/breaking-a-colorado-residential-lease/In Colorado, landlords are usually required to mitigate damages if you move out of your rental before the lease is up.

I know it'll significantly increase the value of the property by making 4 total units on the lot, but refinancing out of my 3.75% interest rate seems like a huge bummer.Thanks in advance!

With a 30-year amort and 10-year IO options - as well as ability to get rate down quite a bit if you have long-term horizon (5+ years so don't mind prepay) - the rates/terms and monthly payment will likely be very attractive.Others too have done the DSCR Portfolio Loan (Blanket Loan) refinance option too (refinanced the 10 properties that are under conventional into one blanket DSCR Loan and start the process back from 0 on conventional), however, given current rates, don't see it a lot currently since the refinance would typically mean racheting up interest on those

There are a few decent videos online but they are general.

What's your goal with refinancing?

A few things here. 1)Refinancing a loan (conventional) into another type of loan (DSCR) does NOT lower your debt to income ratio in any way.

@Ronald MejiaI like the idea of doing it all cash and then refinancing it.

I refinanced multiple times to both get cash out and lower the interest rate.