Updated about 10 years ago on .
Newbie help
my DH and I have a rent house. We owed about 19,000 on it. The interest rate was bad as we've had it for 12 years. The payment was going up again due to taxes and insurance, so we decided to get a loan and pay it off. The plan was to have it paid for in 3 years. We wanted to be debt free. I wish we had just refinanced it. Now, I'm thinking we should refinance it and use the extra money to buy more rental property. What bank should we go with? We're not sure how exactly to go about this. Any help would be appreciated.