Need Help Refinancing Investment Property
I Need Help Refinancing An Investment Property: Hi Kate, I need help from anyone who can think of a way I can refinance my investment property without cash out of pocket.
With market values as they are, my equity is only 10%. All of my monthly house payments are current and have been on time for 10 years. My mortgage rate is 8.5%.
Kate Answers: Need Help Refinancing An Investment Property
Dear Anna, It's a tough real estate market for investors right now.
Saving for years, many homeowners bought rental properties to provide for their retirement.
Sadly, Anna, you are not alone. With declining real estate values, other investors also find themselves in your shoes.
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