I think that your best bet is to offer the Holder of the Contract for deed some sort of discount if they refinanced out of the contract for deed so you could get your equity, short of that I don't think you have a lot of options.

You can also look at refinancing for a lower payment, rates are in low 6s now and likely to hit 5s in next few months. 

Both houses were financed via Hard Money at 11.99%.Hi Carlos: If you have enough cash reserve refinancing and renting these properties may be your best option.

A reduction in interest rates might not only boost homebuying activity but also trigger a wave of refinancing as homeowners look to lock in lower rates.4.

As I expand my portfolio, my focus will be on diversifying investments, optimizing property management, and leveraging refinancing options to maximize returns.My long-term vision includes stabilizing my portfolio, achieving financial independence through passive income, and strategically planning for growth and exit strategies.

As long as the appraisal will support it, you can get it refinanced.

With the points and closing costs you pay when refinancing, you might look at what your payment would look like if rates dropped 0.50%, 1% and 2% to decide WHEN it would make the most sense.

We are exploring refinancing with our bank, however, I feel there are probably better options out there, along with rules with this type of investment, holding times, etc. that we just don't know. 

>refinancing in California and purchasing more properties in low-cost areas does allow for building wealth over time without losing money. 

Paid Cash and then refinanced to pull all of my cash out.