AboutFinance Guy Expertise 1. All questions relating to finance
2. All practical aspects of mergers and acquisitions
3. Many general business questions
Experience Considerable experience in the area consisting of 25 years in both consumer and commercial finance and business management, including 15 years specializing in international Mergers and Acquisitions with over $100 billion in assets acquired
Education/Credentials Business administration undergrad
Wharton post grad in finance
Awards and Honors numerous corporate awards
Past/Present clients range from small enterprenurial companies to large multinationals
Question I have a loan balance of $680,000. Payments are twice per year with 2.5 years (5 payments) remaining. interest rate is 4.25%. I have the money to pay off or could refinance same term @ 1.5%. I can invest @ 3.5%. What's my best option?
Answer Myself, I would stay liquid and keep the note outstanding.
4.25% is a good rate. There are bargains galore right now in the real estate market. Banks are not lending. Toady, a bank might not even loan you the money that you already have outstanding against your property, as wierd as that sounds.
Cash is now king again.
