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How do I refinance 2 investment properties and my first home simultaneously?

I own one of the properties outright and on the other two I have mortgages at 4.375% and 4.75%. The combined LTV would be around 70%. 

I want to reduce my payment by 15 to 20% should I use an ARM for one of the mortgages and fixed for the other two.
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April 05 2013 - Cumming
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Answers (1)

Hello!
It is much more simple if you do it at the same time and have the same underwriter review the files simultaneously. An ARM will create more cash flow on your properties to invest elsewhere or  pay down the mortgages faster.
Feel free to contact me on my profile to discuss options.
All The Best
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April 06 2013
 
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