Originally posted by @John B.

My credit score > 760-----------------------------I got refi quote for Property1 for 30yr fixed and the closing costs are as below : Origination fee - 1pointLoan discount fee - 1.3 pointsInterest rate - 3.5% (with my wife being added to the loan)Interest rate - 3.375% (just me on loan with tenant locked)total closing costs (including orig fee and load discount fee) - 6500Does the above quote is good or I can do better?

@John Underwood Do you run any?

SBA refi is to lock in cheaper rate mainly. 

@Amable John Aguiluz XIII none of the examples you listed covered “I just want to rent to someone else, not you…” is that in the 30 or 60 day definition or is it not even allowed?

Money is cheap, 3% interest rates are historic low and you’d do well to lock in debt like that now.  

If you are okay waiting 25 days to lock in good long term financing on a conventional loan instead of paying points and high interest on HML, those 25 days are definitely going to save you money in the long run.

@John DustonWhether to put the rentals into an entity is a lawyer and insurance broker question.

@John Underwood I am really surprised to hear that deposit is most popular.

In most cases, the interest on your mortgage is locked for 15 or 30 years so rising interest rates don't effect owned properties.