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Updated about 5 years ago on . Most recent reply

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44
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19
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Ian K.
  • Real Estate Investor
  • Denver, CO
19
Votes |
44
Posts

Refi two properties to purchase more-what to consider?

Ian K.
  • Real Estate Investor
  • Denver, CO
Posted

I've got two properties that I would like to refi and use the equity to purchase more properties.  What do I need to consider?  

Is it best to refi one and then the other or do them both at the same time? 

When I refi, the properties I own will still be cash flow positive but my DTI will increase a lot until I can redeploy the equity to purchase more properties. I wonder how lenders treat this? What do I need to look for in a lender or what questions should I ask to speak about this process? I have a hunch there are terms for this that I don't know.

Thanks in advance!

Most Popular Reply

User Stats

44
Posts
19
Votes
Ian K.
  • Real Estate Investor
  • Denver, CO
19
Votes |
44
Posts
Ian K.
  • Real Estate Investor
  • Denver, CO
Replied

thanks @Eric Veronica  I appreciate the response!  I will do them both at the same time!

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