avatar Hi, I am Picture121.I joined this community on 21st September, 2008 and have contributed 7 posts.
5 Quick Messages
michelle
michelle
Like Eugene, I am unsure what the question is. If you'd care to clarify, I am sure we can provide some advice
  
evolovik26
evolovik26
picture1212fam in Queens, NY. Owe 485k. Value approx 630K. Purchased in 2004. Currently 2mtgs (5/1 io @ 5.125 ~397k) (i/o HELOC @4.5%~88k). Property is fully rented and getting 3600/mo. Taxes =$900/yr. Ins.= $1000/yr. Also have a primary residence. SFR Passaic, NJ -Purchased 4/08 @ 520k. currently worth 575k (as per zillow and extensive improvements). Owe 494k. Only 1mgt (7/1 ARM w/ p=====================================ok so what is the question?
  


Marty
I would love to help with your mortgage. Email me, and let's discuss! MSmith@PrecisionFundingUSA.com M. Smith I am on line now!
  
gmakerley
gmakerley
it looks like you asked brian a question; you didn't ask me any, though. are you looking for a refinancing opportunity? brian's advice looks sound. you might be able to look at an fha loan for the primary residence.
  
brian1
brian1
You can refinance just the first IF the HELOC will subordinate (stay is second position)
  

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