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Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
30
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178
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refi sub2

Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
Posted Feb 28 2015, 17:10

I have good credit and I bought some properties sub2 and I do have the deed on them. The interest rates on them are around 6 percent or higher. The banks are wanting to loan on houses 80 percent of purchase price. So the house is worth 105k and 68k is what is remaining on the loan. One of the reasons I want to refi is to get the seller out of my life and it would give me some cash for other investments. Can I do this and would you do this. Thanks for the info.

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