Why Refinance Investment Property

What is refinancing? There may come a time in a homeowner’s life when he or she decides that he or she wants a new mortgage.  So, he or she runs to the bank, and the bank says, “I’ll pay off your old mortgage and give you a new one equal to the amount your house is now worth.” Many middle class and poor get themselves into trouble, because they refinance an appreciated property to get a chunk … [Read more...]

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