Hi kmw,
If your property does not have equity, it won't be possible for you to get a refinance. In case, if you've equity in the property, you will be able to refinance but there are chances that you will be subjected to higher rate of interest as it is a tenant occupied property. Also, you should note that in some cases, the lender who refinances the property requires the borrower to stay in the property for next 1 year after refinancing. In that case, if you do not fulfill this clause, the lender may call the loan due.
If your property does not have equity, it won't be possible for you to get a refinance. In case, if you've equity in the property, you will be able to refinance but there are chances that you will be subjected to higher rate of interest as it is a tenant occupied property. Also, you should note that in some cases, the lender who refinances the property requires the borrower to stay in the property for next 1 year after refinancing. In that case, if you do not fulfill this clause, the lender may call the loan due.