In May I locked the rate at 3.75%, and now refinance rates are close to 1 point less, 2,75%. 

 Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in April and locked in a 3% rate but still have ~$200k in equity.

Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in April and locked in a 3% rate but still have ~$200k in equity.

I decided to do a walk through on Fri, July 31, 2020 and found that they are growing marijuana inside a tent in the living room, have 6 cats 1 dog, 4-5 firearms in a closet with no lock-box, holes in the walls - some are obvious that they've been patched and others have not been patched, leaks under every sink that now are growing mold, 1 bathroom sink is completely molded underneath the sink to the point where the sink is slowly sinking in through the wood, and that they are not cleaning.

I come from a real estate family, I always had to cut grass, install locks but I have to manage the business side and I'm looking all the advice I can get.

I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.I want to find a way to not have loose 40% for taking it out before 55 1/2.

But then the bankers coach me to say "it's a 2nd home" for far lower rates, locked.

Based on what you've shared I would go with option 3 to lock in that long-term very attractive rate.

Gotta have a pushbutton entry on the front door, either keycode or smart lock.

The owner isn't giving me great terms on financing, so I'm considering just using a conventional loan to lock in a low monthly payment/interest rate and won't have deal with refinancing later.What do you think?