Posted by Michael Pine on October 16, 2003 at 18:52:02:
You would have to go with a non-seasoned refi, so would be hard pressed to get better then 80% LTV. Any money taken out would pretty much cover closing costs and maybe a six pack of beer.
HI,
I just purchased a single family home on a sub-2 deal. The house appraises for 72,000. I owe 58,000. I’m looking to refinance to pull some equity out. Can anyone out there help me?