Forums
Education

Read

Path to Purchase BiggerPockets Blog Resources Guides Glossary Member Blogs

Watch

Bootcamp Pro Exclusive Videos Webinars BPCON2023

Listen
Real Estate Podcast Money Podcast Rookie Podcast Daily Podcast On The Market InvestHer
Network

Recommended Vendors

Real Estate Agents Mortgage Lenders Hard Money Lenders Insurance Contractors Investment Companies Build Your Team

Search

Members Jobs Meetups
Tools

Calculators

Rental Property Fix and Flip BRRRR Rehab Estimator

Wholesaling Mortgage Payment 70% Rule Airbnb

Services

Rent Estimator Tenant Screening Property Management Lease Agreement Packages
Find Deals
Real Estate Listings Find Foreclosures Off-Market Deal Finding Ads, Jobs, and Other
Bookstore

Real Estate Books

Visit the Bookstore Rental Property Investing Short-Term Rental, Long-Term Wealth The Multifamily Millionaire

Featured Book

Buy, Rehab, Rent, Refinance, Repeat
Invest in real estate and never run out of money! Buy, Rehab, Rent, Refinance, Repeat is the five-part BRRRR real estate investing strategy that makes financial freedom more attainable than ever. In this book, author and investor David Greene shares the exact systems he used to scale his real estate business from buying two houses per year to buying two houses per month using BRRRR.
Get the book
Find an agent
Pricing

Quick search links

Find an Agent Podcast Hard Money Lenders Books Omaha

Path to Purchase Step 16

Refinancing Investment Properties

Many new investors forget that they can refinance rental properties after a certain amount of time. A refinance allows you to lower your mortgage rate, take cash out of the loan, or change the loan terms. It may make sense to switch from a 30- to a 15-year loan if you’ve increased rents—or cash out if you have a couple hundred thousand in equity sitting in your home.

Resources in this step:

Education Marketplace Tools Forums Books

Education

Learn the basics

All 4 min read

Mar 05, 2021May 06, 2022 Dave Van Horn

What’s Better for Investors—a 15-Year or 30-Year Mortgage?

What’s more conducive to building wealth for investors? Different financial experts will advocate for different loan terms—and they’ll be right for different reasons. What’s the difference between these popular loan…

Real Estate Rookie Podcast 11 min read

Feb 27, 2021Apr 15, 2022 Real Estate Rookie Podcast

Rookie Reply: Tips on Owner Financing Then Refinancing Out

This week’s question comes from Cory on the Real Estate Rookie Facebook Group. Cory is asking: Owner financing would buy me some time to get the property rented and cash…

Real Estate Rookie Podcast 53 min read

Aug 19, 2020Apr 15, 2022 Real Estate Rookie Podcast

What Appraisers Look For and What it Means for You with Investor/Appraiser Josiah Smelser

Here, by popular demand: the Appraisal Episode! Josiah Smelser – podcaster, two-time BiggerPockets Real Estate Podcast guest, and Certified General Appraiser – is here to answer your many questions, and…

5 Tips for Getting a Lender to Say “Yes”

The 7 Steps Needed to Get Lenders to Fund Your Real Estate Deals

Refinancing can be a way to consistently fund your other ventures or increase cash flow on your properties. While refinances can be very lucrative for many real estate investors, it pays to do what you can to have the house appraised at a higher value so you have the ability to borrow as much as you can, if needed.

Marketplace

Connect with partners

Tools

Apply your learning

Forums

Consult the community

step 16 refinancing

View refinancing forums

Books

Dive deeper

Step 15 Managing Rental Properties