EA…. well for one investment property I’m trying to cash out refi… get this
Borrow $100k on an investment condo…
With 30 year fixed on 3.375% with 1.875 points (closing cost $6k)
Or 30year fixed on 4.875% with -1.551 points (closing cost $3k)…
Uh… yah…Cashing out $100k from the primary would be much cheaper..Maybe’s me think some times why even bother…But then, I guess I need to nickel and dime wherever I am…Save reserves for cases really can’t get a loan….
