Is there any way to refinance an investment property with only 10% equity?The property was underwater, but a recent sale of an identical unit across the street was 10% over my mortgage balance. The mortgage is not Fannie, Freddie, or FHA. Currently on a 7% interest-only.June 29 2013 - Novato00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.