Tag Archives: Invest

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 , , , , , , , , , , , , , , | 5 Comments

I own a paid off home valued at 120k can I get a new mortgage for 75k?

hopes2graduate asked: I am wanting to get a new mortgage to invest in a business venture and for home repairs. Is this possible? I don’t want a home equity loan, I was approved for one of those for 10k. But … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , | 2 Comments