Refinance? Condo in McLean, VA - Used to be Primary Residence, Now Investment PropertyI own a condo in McLean Virginia (purchased in 2004 with a 7/1 ARM whose 4.5% interest rate will become adjustable in 4/2011) that I lived in until 6/2008 when I moved to Chicago IL for business school. The condo is worth much more than the outstanding balance on the loan (>$100k equity in home). It is likely I will be moving to Atlanta after business school for at least a couple of years. Should I refinance this loan now (because it is now a rental property some lenders are quoting like 5.5% which seems high for a 30 yr fixed) or should I wait until closer to when the 7 years run out on my 7/1 ARM? January 25 2010 - Mc Lean00YesReport 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.