Second Mortgage

To avoid PMI, you can try second mortgage to cover down payment.

You have to know the dangers of a second mortgage and you must make sure how does paying it off work. And it is important are you able to refinance both mortgages eventually into one mortgage.

So theimportant question here can be: would be save more money (in fees and such) by just putting down the 20%? or is it better being invested? Read the rest of this entry »