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Private Lending & Conventional Mortgage Advice

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Looking for the best product type for Refi at current rental

Posted Mar 14 2024, 18:33

Hi - I am looking for a cash out refi for a SFH that we bought in all cash about a year ago. I am looking for the best options to get a long term rate around 7%. Is this realistic in today's interest rate environment?

Location: Northwest Ohio

Purchase Price: $160K

Rent: $1470

Thanks!

Parker

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