It will be better if you cash out refinance and payoff another mortgage that has higher rate and lock the rate for 30 years Fix.

While you are waiting to refinance this one BRRRR you will need to fix it, furnish it, and place it on the short term rental sites. 

-I haven't refinance.

While I'm doing a cash out refinance, I realize I'm paying a back to back closing cost (one at closing as the buyer, one while doing the refinance).

It should be relatively easy to cash out refinance on a property owned free and clear.

You can still refinance as an investment property and probably get a 3% rate.

Hello!I have an odd ball question about the deductibility of interest on a cash out refinancing.My family inherited some investment real estate and unfortunately one of the parcels is owned by a  pension/benefit plan....

I guess it somewhat depends on my investment strategy, which right now could go one of two ways 1) stabilize to market and refinance to get equity back 2) hold until I am old lol5yr | 3.75% | 20yr am | 80% LTV | .5% fee7yr | 4% | 20yr am | 80% LTV | .5% fee5yr | 4.25% | 20yr am | 80% LTV | .5% fee7yr | 3.4% | 30yr am | 2yr IO | 80% LTV | 1% fee5yr | 3.1% | 30yr am | 1yr IO | 80% LTV | 1% fee7yr | 3.5% | 25yr am | 80% LTV | 1% feeSo what would the benefit be going with the IO period?

45K cash or VA cash out Refi from primary for use towards down payment on investment property. Thanks in advance!

In your situation with multi-family I'd imagine you could find a good below market deal, raise rents and/or add value through rehab, refinance your long term loan and pay off your HELOC.