I have purchased a duplex outright with my HELOC. I am renting out for a couple of hundred dollar cashflow. I want to refi and I know there are pro's and con's to going with origination points or discounts versus not doing this. How do those things apply to a investment property that the bank will consider a first mortgage cash out since it was purchased cash?
Any help would be appreciated. I figured my cash flow is the first and foremost important. Second I want(at least I think I do?) use the time to money value factor, but don't totally understand it. Please advise.
Challenges are only challenges if you view them that way. Try looking at them as OPPORTUNITIES instead and success will follow!!! "ME"