May 1, 2012 raising money for invest (4) We have 4 homes. Our home which is worth @525000 and we have a 1st 232,000 and an equity of 36,000. The 2nd home is worth 235000 and has no mortgage it is rented until Jan 2013 at 1700/mnth. We have two more homes that are worth 700,000 and 100,000 the 700,000 home has a 136,000 mortgage that has 7 years and the other has no loans. […]
November 11, 2011 refinance rate (3) My property was appraised at 700,000, I need to refinance my loan of 502,000. The property is located in Montgomery County, MD, single family house built in Dec 2009. What is the best 30 year fixed refi rate I can get with no points?
February 1, 2012 Subject*Condo refinance (0) We have an investment condo on Brickell in Miami. Bought in 2006, 20% down on a 40 year old interest only loan through BoA Fanny Mae at a 6% interest rate.
The purchase price was 285000, current values are under 200000.
Our tenant pays 1400 which covers the mortgage but not the $323 HOA monthly fee.
We would like to refinance but […]