I just got mine refinanced and consequently a new  appraisal, shortly thereafter I got a reassessment notice from the county.

I have not refinanced a property yet, but what I've seen is most happen in year two or three. 

I think he was thinking that if he is in 3rd position then when I file I would be after him in 4th position.No actual refinancing of the 1st and 2nd occurred. 

Currently my primary mortgage PITI is $1200, after refinancing my PITI will be $2100.

Their pitch was this:I would have to pay 2-3k in fees to get it refinanced whereas the HELOC would be free through them and that even though the HELOC would be 2-3% higher rate, it would take years to make up for what I would pay in closing costs.

Their pitch was this:I would have to pay 2-3k in fees to get it refinanced whereas the HELOC would be free through them and that even though the HELOC would be 2-3% higher rate, it would take years to make up for what I would pay in closing costs.

Should I anticipate any difficulty refinancing the house or getting a HELOC to take money out for my next investment property?

Unfortunately although it was possible the underwriter didn’t allow me to buy my next property as owner occupied (it was a three family) because I refinanced my existing loan and there was a clause on the occupancy requirements they felt would be violated.  

I can pull out $30K (roughly 30% of the equity) for a down payment on my next property purchase in Virginia leaving 70% equity in my home and refinancing at a new mortgage balance of $387,960.

Many years later I stumble across bigger pockets and saw people talking about refinancing to acquire more properties.