Re: Pull out equity on 1 to do 2nd deal

Posted by Edward Nolan (Ohio) on December 07, 2002 at 19:48:21:

In Reply to: Pull out equity on 1 to do 2nd deal posted by Valerie (N. CA) on December 07, 2002 at 15:05:55:

why not refy the first and 2nd together. There is over 40% of the LTV available. Heck, even if she was charged 10k to make that happen I'm sure she could still do the 2nd deal. Im not sure of the details on the 2nd deal but, I would think she could max out at 900k when she refy's giving her 194k at closing to do the 2nd deal. Does that sound about right?

NolanEdwardR@aol.com

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Comments:
: why not refy the first and 2nd together. There is over 40% of the LTV available. Heck, even if she was charged 10k to make that happen I'm sure she could still do the 2nd deal. Im not sure of the details on the 2nd deal but, I would think she could max out at 900k when she refy's giving her 194k at closing to do the 2nd deal. Does that sound about right?

: NolanEdwardR@aol.com


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