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Updated 25 days ago on . Most recent reply

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4
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2
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Antonio Giaccio
  • Rental Property Investor
  • Middletown, NY
2
Votes |
4
Posts

Upcoming mortgage balloons

Antonio Giaccio
  • Rental Property Investor
  • Middletown, NY
Posted

Hello everyone 

I have four balloon payments coming up soon. I’m trying to decide the best strategy.

Do you think it’s better to refinance each property separately, or do a blanket mortgage on all of them?

And should I get all the equity out or just refinance the debt? 

My main goal is to keep full flexibility so I can sell or refinance individual properties whenever I want.

What would you recommend?

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