2/17/22, 8:50 AM
How to Refinance an Investment Property | Peter Bubel | Reading Real Estate
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How to Refinance an Investment Property by Peter Bubel | Feb 25, 2022 | Blogs, Peter Bubel, Peter's Blog, Property Management, Real Estate
An investment property can be described as a property someone purchases to rent out and make money. The investment property can either be long-term, where a family uses the property as their primary residence or short-term, where the property is rented as a vacation or travel destination for shorter periods.
Why Do People Refinance Their Investment Properties? There are several reasons people decide to refinance their investment properties. Some of the reasons include: Turn a variable interest rate into a fixed rate Get lower interest rates Minimize total interest costs Lower monthly payments by increasing the repayment term peterbubelpropertymanagement.com/?p=523&preview=true
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