Recommendations for cash out refinance on investment property

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Recommendations for cash out refinance on investment property

Marissa Mallamo
Delray Beach, FL 路 Member since 2015 路 22 posts 路 2 votes
Hi everybody! Any recommendations for great lenders for a cash out refinance on an investment townhome (previously my primary residence) in south Florida would be appreciated! Any additional advice or tips on this process would also be welcomed and appreciated from this newbie 馃槉
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  • Carlos RoviraBusiness Member
    Investor 路 Miami, FL 路 Member since 2015 路 329 posts 路 124 votes
    10y
    If it's a primary i'd go with a 30 year fixed. Better rates. Closing process will be more strenuous though. I know a good mortgage broker who can help you find a good rate (PM me for info). You can also walk into any bank and see what they have to offer.
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  • Carlos RoviraBusiness Member
    Investor 路 Miami, FL 路 Member since 2015 路 329 posts 路 124 votes
    10y
    This would only work if the property is titled in your name, though.
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