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Category Archives: Investing
Home equity loan help?! Anyone financial?
Kinsey asked: Okay I know that without specific numbers no one can really answer this question. But I just want to know how much more a monthly mortgage payment will be if a home equity loan is taken out for … Continue reading
investing my home equity into profitable property?
sparkinharley asked: this property is all long term renters 6 unit Grossing an income of 35,580.00 …per yr . total Operating exp. $13,500 so there is a profit of 22,260.00 which can pay off my home equity loan in a … Continue reading
Posted in Investing
Tagged Additional Income, Apartment, Home Equity Loan, Hubby, Investing, Mortgage Payment, Older Women, Pay Equity, Profitable Property, Short Time
2 Comments
Invest in Roth IRA or use more Home Equity for Rehab Project?
OP-lo asked: I currently have a stash of cash in a money market earning 3.61% APY. I also have a home improvement project set to start later this month. I have enough cash to cover about 40% of the project. … Continue reading
Posted in Investing
Tagged 100k, 30 Yr Mortgage, Cash Money, Downside, Equity Line, Equity Loan, Home Equity, Home Improvement Project, Invest, Investments, Job, Refinance Loan, Rehab, Roth Ira, West Coast
5 Comments
Is this a smart investment , using my home equity?
sparkinharley asked: this property is all long term renters 6 unit Grossing an income of 35,580.00 …per yr . total Operating exp. $13,500 so there is a profit of 22,260.00 which can pay off my home equity loan in a … Continue reading
Posted in Investing
Tagged Additional Income, Apartment, Home Equity Loan, Hubby, Investment Property, Mortgage Payment, Older Women, Pay Equity, Short Time, Smart Investment
3 Comments