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Rick Lee Rick Lee is online now
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Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,726
Garage
Ah, I forgot this is a rental. In that case, I'd take the lowest rate possible if you can come up with the cash at closing. It's all tax deductible, but keeps your monthly cash flow better in case of vacancies or declining rent. I don't think I can refi my rental, as my ARM has stayed under 4% for the last three adjustment periods.
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Old 04-25-2012, 08:50 AM
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