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Should I payoff 1st mortgage ($60,000) then get a new mortgage for RE investment or get a cash-out refi.?

03 Apr

I own 5 rental properties free and clear and I have excellent FICO. Which type of loan for $180,000 investment property is best. (That would only be 50% LTV for primary residence) Or should I take out the loan on one of the rental properties?

 
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