Hello Fellow Real Estate Investors.   Have you found yourself in an investing predicament where you bought an investment property 3 years ago with an interest only ARM loan?  If you calculated your expenses and passive income based solely on the short term interest only payments, times may be getting tough.  Now that loan is about to or has already reached its term where the interest rate will begin to rise! I’m glad the federal government seems to want to help people in situations like that but we also need to look into a mortgage refinance. 
 
Did you finally feel like you could afford a new home since you qualified for 100% financing with a 2 year ARM and a great rate? It’s a great feeling to be able to own a home and you don’t want that to get away from you.  Both scenarios describe many home owners whether they are investors or first time home buyers.  It’s tough out there and refinancing your property may be the solution.  I find myself looking into that option.  It seems hard getting qualified for a home refinance because so many banks/lenders qualifications are really strict right now but I stumbled upon this site, www.refinance.com.  There you will find different loan products and resource tools that will help you consider your refinance options.  To name a few, they have an “Easy Refinance Calculator”, “Which Loan Can I Afford” tool and an “Amortization Calculator”.  There are also other resources available for you to use as you seek to refinance your home loans. What I really like is that they specialize in mortgage refinancing!  Although most lenders and mortgage brokers can refinance a loan, it is nice to know that a company specializes in that area.  They cater to giving you better terms than your current mortgage.  If you feel the need to refinance or just looking for a better rate, I would suggest checking out, www.refinance.com.
 
Happy Real Estate Investing!