Help!! Question on Refinancing Investment Property?
by Mortgage Rates on Monday, September 27th, 2010 | 2 Comments
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I feel your looking at the wrong hypothetical and the wrong reasons for the refi. A 2.75% variable closed mortgage sounds like an arm on top of the 2.75%. Make additional mortgage payments and when you own 20% of property refi hopefully for 4.3% fixed rate.
Troll alert or working on homework?
You own a $400k investment property and are asking these questions! Either you have a wealthy benefactor or should not be investing without a fundamental knowledge of mortgages and financial calculations.