All Forum Posts by: Emira K.

I am trying to get $45k equity loan. The comp I am working said its called “cash out refinance” and it will not affect your current mortgage. They are offering 8 % rate fixed 30 year

Loan and I have to buy points with a total of $2700 closing costs. Does this sound right? Why do I have to pay for points for a 8% rate? When I look online the rates are between 6-7%.

Which bank is best for a high APY savings account? A bank that is reliable and secure.

I recently looked at CapitalOne with 3.6% APY. I didn’t understand some of the terms online, but for example if you put 10K does ye at mean you will get $360 spread out thru-out the year?

 Yes, how would I find these type of properties? What would be my first step? Thank you, much appreciated!

yes

@Jaycee Greene flip and fix, under 150k

What are some of the best areas or even zip codes that would be good to buy a rehab property? Looking into Philadelphia, Bucks, Montgomery county. Thank you!

I am interested in buying a propery on cash flip it and sell it. This would be in the Philadelphia area. What would be my first step? Do I contact a real estate agent?

@Obed Calixte thank you!!

My original loan amount is $323K, balance left $319K at 7% and 28 yrs and 8 months left. Current monthly pymt is $2795 (including $640 escrow). If I pay down $50K, how can I calculate the new monthly payment? Thank you!!