Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply
First time cash out refinance
I'm an out of state investor and I have 2 rentals in DFW. In 2022, I'm looking to do a cashout refinance. I purchased one with cash and the other with my HELOC. Since it's my first time doing a cashout refinance, any advice would be appreciated! Not sure if I should look for lenders in Texas or here in California and how many lenders should I talk to? My insurance agent thought that both properties could be refinanced at same time at a discount? Again, thanks for your help!
Most Popular Reply
If the properties you are looking to refinance are in Texas I would look for a Texas lender. I like my lender because he's here in California (like me) but is licensed in the other states that I want to invest in. I would probably talk to at least three and compare rates. @Philip Moon is my guy f you want to ask him any questions.