You posted on a couple different threads.I posted a link with current rates on a lender in NC who closed a (small, ~50k) re-fi for me a few years back.

F I N A L N O T I C E O F D E F A U L TDate:Sunday, May 20, 2xxxWe have been retained on behalf of the lender to take immediate legal action against you.

I took the dishwasher, sink, disposal and cooktop and resold and/or used them over the next 2 years.He has NEVER PAID ON TIME, resulting in a $93.50/month late charge for the last 6 1/2 years.When he got two months behind once I told him to either re-fi or I'd foreclose.

I asked if I could re-fi when the arm came--I was told yes.

Sci. in '95.

Now I'm an IT guy with the phone company.Semper Fi Brother.Jason

Even more so fi you want to post in specific forums that have a minimum post qualification.

For that matter, I suppose the loan could be assumed by Joe as well.I suppose an incentive for Mike would be an equity split on sale (as you suggested), or an up-front cash fee, or a payment to Mike upon re-fi, or something similar.Does this sound about right?

The office is in Charleston, SC. I

Purchase properties valued under 100K throughout the midwest, re-fi cash out, and rent for small profit.