Need Help Refinancing Investment Property

by Anna
(Arizona, USA)

I Need Help Refinancing An Investment Property: Hi Kate, I need help from anyone who can think of a way I can refinance my investment property without cash out of pocket.


Anna continues... With market values as they are, my equity is only 10%. All of my monthly house payments are current and have been on time for 10 years. My mortgage rate is 8.5%.

Kate Answers: Need Help Refinancing An Investment Property

Ask Kate at Get-Your-Best-Mortgage-Rate.com

Dear Anna, It's a tough real estate market for investors right now.

Saving for years, many homeowners bought rental properties to provide for their retirement.

Sadly, Anna, you are not alone. With declining real estate values, other investors also find themselves in your shoes.

Share Your Tips With Anna

Anna needs our help. Are you an investor or a mortgage professional? Pass on your solutions, experiences and tips for refinancing an investment property.

Comment here: Help Anna with Refinancing An Investment Property.

Or Ask Kate another question here.

Best Wishes,

Kate Ford aka Super Kate and Ask Kate

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Comments for
Need Help Refinancing Investment Property

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Conventional Loan?
by: Stetson Lowe

If you loan is owned by Fannie Mae or Freddie Mac you may be able to obtain a DU Refi+ or Open Access loan to refinance your loan.

Stetson Lowe
Loan Officer
Security Home Mortgage

Investment Refinance
by: David Krushinsky

Anna - Kate recommended that I comment on your question since you're a home owner in Arizona. I'm a lender in AZ, so I would be happy to help you any way that I can.

It may be next to impossible to refinance your investment home right now if the value is less than your existing mortgage. That's the first thing we'll need to review. If you would like, give me a call at 480-339-1566 or email david (at) dkhomeloans.com and we can discuss.

Thanks - David Krushinsky

Note from Kate: Anna, to email David, just replace (at) with @. This is done to block spammers searching for email addresses!

Solutions for Real Estate Investor Loans
by: Kate Ford

Anna, you should also take a look at this. In response to a similar real estate investor inquiry, I answered Real Estate Investor Loans - Three options for investors.

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