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Updated over 9 years ago on .

User Stats

296
Posts
175
Votes
Stephen Hundley
  • Realtor
  • Lafayette, LA
175
Votes |
296
Posts

Looking to refinance loan using brrr strategy

Stephen Hundley
  • Realtor
  • Lafayette, LA
Posted

hello, 

I bought a house about 7 weeks ago and almost have the renovation complete. I paid $70k, have $105k into it and will will appraise between $150-$160k. I bought it cash with private money and I'm looking to refinance with long term financing and hold as a rental property. 

I've been offered 4.25% 5 yr on 15 am and 4.9% 5 yr 20 am. If anyone can beat those rates or have questions for me please let me know. 

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