@Shawn F. I

When jumping into fi find new friends on your path you can run with.

You have to remember that the LTV on the re-fi is going to be at 70%LTV and conservative...BRRRR really isn't that great unless you have a screaming deal...most folks that BRRRR with a lender involved get screwed when they have huge renos or unexpected costs with the combination of being incorrect on the ARV...it's really a pretty advanced technique...and there are very few places in the country where you can find deals to make BRRRR worthwhile....sometimes economic condition may create a good BRRRR climate, but those days are passed...

We have Sensi wi-fi thermostats in our home, and we love them.  

I am looking for rates in the 8% and 1% range, or as close as you can get to that. 10% down and first draws provided at closing.If you were at all offended by the voice or approach of this post, I apologize, but we probably wouldn't have been a good fi anyways.

I am an agent and investor in Greenville, SC. I

Semper FI

I've heard the financing for commercial real estate isn't that great though, balloon payments, refinancing after 5 years, etc.I'm FI with my houses, perhaps I should stick with what I know and buy more houses??

Regards,AnniWelcome great site  I am over in Rock Hill SC. I

So to recap, I haven’t touched the first property that is fully paid for, and I have financed the second property and the rent payment is a wash.My other option is to do a cash out re-fi on my first home and pull out the equity of the home and use that money to buy a second property all cash.