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Reply to "Should I Pay Off My Investment Property?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am about to finish a refinance of an investment property with a loan balance under $100,000 and without any closing costs. But its in a different state so maybe the rules/willigness to complete the transaction are different there.[/quote] What lender? I called around looking to refinance the mortgage on my investment property (I have $60,000 principal left, the rest has been paid off) and no one would do a refi for me. I even tried lending tree and such and got no takers. But if I could find a lender that would let me refi, I'd love to do it; my credit is excellent![/quote] Quicken Loans (MI) was going to do one for me for 60k but the costs were 4k, so I declined. [/quote]
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