Credit unions are good for this.If he's interested in investing, he should also become a member of BP and learn and ask questions here himself :)

I was able to get a better interest rate recently with a credit union, but again, it's only fixed for 5 years.  

Have a family member that has retired from the service or D.O.D.The $25 dollar donation that @Nathan Emmert mentioned does not apply for Navy Federal but does apply to Pentagon Credit Union.

IMHO - I would go to your local credit union or State Bank and refi to cash it out.  

@Sven Simon Typically I have found that credit unions and local banks offer some of the best rates.

Credit unions often offer the best rates.

In Griggs, the Court held that Title VII of the Civil Rights Act of 1964 prohibited the use of employment practices that have the effect of excluding racial minorities even if the employer did not intend to discriminate unless the employer can prove that the practice is related to job performance.If I remember correctly, I think the above case had to do with an African American employee applying for a job/promotion, but was turned down because he did not have a high school diploma. 

I agree with Connie,There are some very specific neighborhoods in KC like Hyde Park, Union Hill, Valentine, Brookside and Waldo that are gentrifying and present good opportunities for long term holds with cash flow and upside market growth.  

However this means your property wouldn't cash flow or at least not very well for several years, or you can flip it and payoff the seller and you keep the difference.Second Option I can think of to get in this deal would be to try and wholesale it to another investor, but I think you would need to get the price down to around $20K tops before they would bite.Third would be to look at a hard money lender for the funds, do the deal at $25K to cover your costs to get taxes current then refinance with a bank or credit union.  

After the 6 month period, I will be able to cash out(spoke with the credit union).