To all the Locker Room Billionaires out here, I humbly come for your advise. My wife just finished up her PHD program (Sorry no pics) and we are looking to start consolidating our debt and seeing what is the best way to go. I will lay out our main financial picture:
Student loans: $98,000.00
Main Residence: Owe $330,000.00 - Market Value at $530,000.00
Rental Townhouse: Owe $90,000.00 - Market Value at $205,000.00
I would not like to refinance either of my properties because i have them at a lower interest rate that is currently available. Ideally i would like to get a fixed term, fixed rate loan that would cover the student loans.
What avenues do you guys think would be the best to go about this. Thanks in advance.
Student loans: $98,000.00
Main Residence: Owe $330,000.00 - Market Value at $530,000.00
Rental Townhouse: Owe $90,000.00 - Market Value at $205,000.00
I would not like to refinance either of my properties because i have them at a lower interest rate that is currently available. Ideally i would like to get a fixed term, fixed rate loan that would cover the student loans.
What avenues do you guys think would be the best to go about this. Thanks in advance.