Refinancing an investment property #realestateinvesting #refinance #realestateproperty

Jorge Contreras | Airbnb Arbitrage Nov 6, 20230m 19s2.2K viewsScore 75
Regulations & Compliance
intermediate
Property Managers
Investors
M

Summary

AI-generated

When refinancing a cash-out for an investment property, the LTV is typically lower (75%) compared to refinancing an owner-occupied property (80%). This means less equity can be extracted from the investment property during the refinance.

Key insights

  • Refinancing an owner-occupied property typically allows for a loan-to-value (LTV) of 80%.

Mistakes to avoid

  • Do not assume you will be able to get the same LTV for an investment property refinance as you would for an owner-occupied property; the difference could impact your plans for reinvesting the cash-out.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial