Current rate is 5.49 Im talking with Quicken Loans about doing a refi, and was presented with the following offers:15 year mortgages- 3.5% with $4900 closing costs or 3.99 w/ $3200 CC30 year mortgages- 4.375 w $3350 CC or 3.99 w 4,820 CCHere are my questions.  

At the present time your 401K is probably already earning a return.

Hopefully this answers your question somewhat and hopefully other members can chime in and correct me if I'm wrong about any of the information I've presented here.

They'll even present it to you in terms of a franchise.That said, of course, forewarned is forearmed.

Items needed include:  new HVAC (current was installed in 2003), new water heater (the house has two, one is new, and the other was made in 1998), significant bathroom repairs/remodels in both bathrooms to re-do unskilled labor, window replacement to re-do unskilled labor, destruction of the garage and rebuilding the roof to be without the garage, destruction of a cinder block wall that was supposed to be used with the garage, finishing the driveway that was half-completed, fixing plumbing violations, new flooring and paint in the entire 2000 sq ft house, updating tax records with number of rooms and bedrooms, and some cosmetic updates.I initially offered $90-95k range, and said I would present a final offer upon review of the repairs.  

@Natalya WhitakerI hope the owner doesn't answer the door (Sunday humor).

Use them to present to your sellers, or buyers?

One of the biggest reasons a hard money lender won't steal the deal you presented them to is that they don't have the time nor is it part of their investment strategy.

Being in the present moment and being clear on priorities is the biggest thing I got out of it.

Well Chris M. guess with the non-commercial, My gripe is that I would expect to get a lower down payment, but when they classify my property as commercial, that seems to automatically require 20-25% down.Julie Marquez that is good information to think about and I will certainly ask the question next week, if for no other reason than to present as an knowledgable investor.