can I refinance a rental property with an interest only at 5.75% to 30 yr p.andi i at 4.7%?I would like to see if it is possible to get a regular mortgage at a lower rate. The mortgage is $164K at interest only at 5.75%. Or can this work out by refinancing?December 18 2008 - Salem00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.