My lender claims he can lock me in at 3.25% if I choose to refinance.I am completely new to the refinancing concept and am looking for any advice on this situation.

My lender claims he can lock me in at 3.25% if I choose to refinance.I am completely new to the refinancing concept and am looking for any advice on this situation.

My lender claims he can lock me in at 3.25% if I choose to refinance.I am completely new to the refinancing concept and am looking for any advice on this situation.

If you believe there is still upside potential for your current property and it isn't a headache you could take tax free proceeds from a refi and deploy the cash into a strategy of your choosing.

By exiting quickly, I can compound the returns for my investors since they can choose to reinvest their capital into another value-add deal.

Tenant screening and strong screening criteria are very important, NJ is a tough state to pick and choose your tenants so you need to be very clear as to what you require and it also has to fit the section you’re trying to rent in.

If you can only choose one or the other, I'd do the one which uses less of your money and more of someone else's money.  

Why did you choose to this investing strategy or buy/flip or buy/hold?

You may not have to choose between LLC and house hacking, either.

Not saying that will be the case for you but choose wisely on the location and I don’t see why it won’t be.