@Chris Seveney   Thank you for your reply.Yes, I am trying to get some opinions as to whether will it be smart financial move, going from the 15 year @2.875 into a 30 @ 3.75 (as of today, no points) w/ cashing out about 100K.JC

Her credit isn't great post-divorce but she's smart, and willing.

I had one smart *** group with a safe as large as a double door refrigerator, full of dope that they were selling to the guys at Tampa U. downtown, where all the spoiled, rich kids go. 24 hour drinking between classes with "Holier than Thou," attitudes because mommy and daddy were paying all the bills and they all had fancy, new cars etc.

It has to do with smart time management.I have worked with retail buyers and then find out that they're also working with other agents. 

@Fili AguirreIf he is smart he files bankruptcy.

If anyone is considering a cash out refi, they may want to speed up their plans to do so before the refi cap is reduced.Donthis is a smart move.. massive debt to eye balls is what sinks many.. 

It sounds like this would not be a smart way to structure a deal.

It is smart to have 6-12 months saved before going full time. 

Ah, plenty my young friend.You see... with all the different ways there are to make money in this world, I still believe real estate is the best way there is.Rather than just following some recommendation of a loud-mouthed talking head on TV to buy this stock or that... you use leverage (i.e. debt) very smartly to build equity in something while your renters actually pay the debt for you.Whoa!

(6x10 area)This is would be my first deal in real estate and I want to confirm with BP that it would be a smart decision to send in an offer.