.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs 

The answer depends on how good you are at painting and how much free time you have.

House is free & clear.

I am using a property I own free and clear to pull a cashout refi.

I bought these properties cheap, had them fixed up and not have they appreciated a lot that also generate a nice tax free cash flow that goes back into my IRA to be redeployed into more properties.This is a huge tax free money maker. 

I thought this was a lot of money until another of the companies told me they charged $10,000 for their instructional/mentorship program.I guess it’s a deliberate decision to give us for free almost…almost…all the information we need…but not the last piece of the puzzle.

Feel free to reach out.

Feel free to contact me if you’d like more details. 

Nice features but outdated data. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.