Quote:
Originally Posted by Fat Charlie
Refi more, make sure early payments don't carry penalties, and dump everything you have to take out right back in as part of your first payment.
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That is what our lender told us to do. We had to refi $250K to get the best rate.
That said, I can't see how Xist could recoup the closing cost if he is only going to keep the loan for 2 years.