All Forum Posts by: Tj M.

@Kris H.

Yes you are correct. So there is no value in having cash readily available to deploy vs having to wait for refi which could take 30-60 days right now?

@Tom Keller

Not exactly what you asked about but I would pay off any consumer debt if I had any. Then invest.

@Terry Sweeney

Check your local county accessors web site. That where the info is in Nevada.

@Kris H.

I can get 2.6% on my primary and 4.6% on my investment properties. I was think doing a cash out refi on primary or get a mortgage on my investments. Put the money in a high yield investment account making 1.6% till I could find a good deal. I am always looking. Just thought might be good to have cash on hand when the deal presents itself.

@Corby Goade

I get what you’re saying. It’s just so cheap right now. It hardly cost anything to have the money ready to deploy sitting the bank if I find a deal I could get with cash.

@Timothy Hero

I do want to find more deals I just don’t find anything good. Just figured if money was in the bank I would be ready when or if something changes.

@Joe Villeneuve

I cant find anything I feel like is a good deal right now in my area. I have started to investigate other areas out of state.

@Sean McCluskey

Nevada Guild Mortgage

@Eric X.

I was thinking the same thing but if market corrects,rates go up and it takes time to refi would have cash sitting in the bank not a better idea. Be ready to jump when the deal presented itself.

Would or have you done a cash out refi at these low rates to just have the money in the bank waiting on a market correction?