Has Achieved Nirvana
| Probably a good time.
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If you think looting is bad wait until I tell you about civil forfeiture.
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czarina
Has Achieved Nirvana
| IIRR the rule of thumb is 1%. Also of course you need to plan to hold onto the property long enough to justify the expense. Which includes an appraisal and closing costs.
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fear is the thief of dreams
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czarina
Has Achieved Nirvana
| quote: Originally posted by Piano*Dad:
My payback of closing costs should be about 9-10 months. A good deal at any discount rate.
P*D, what rate did you get? I just looked into it and it was 3.5 or 3.6 percent for Regis. Not low enough to make it worth doing for us.
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fear is the thief of dreams
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czarina
Has Achieved Nirvana
| quote: Originally posted by Piano*Dad:
My payback of closing costs should be about 9-10 months. A good deal at any discount rate.
P*D, what rate did you get? I just looked into it and it was 3.5 or 3.6 percent for refis. Not low enough to make it worth doing for us.
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fear is the thief of dreams
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