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Real Estate
Reply to "if you bought with zero down during the boom..."
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[quote=Anonymous][quote=Anonymous]We did an 80/20 for 100% financing with no PMI in early 2004. Worked out well. If we sold, we'd probably make between 100k and 150k. But we're staying.[/quote] We did this as well, same time period. We are getting ready to put our house on the market now. Original cost was 300k, and we should be able to sell for a little over 400. We refinanced once to make the 2nd loan a fixed rate loan and then again to combine the two into one much lower rate mortgage. No issues at all. [/quote]
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