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All Forum Posts by: Heather Ippolito

Heather Ippolito has started 12 posts and replied 52 times.

Post: Buy a house with cash and then take out mortgage?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

We are buying it in our names. We will be living in this house. 

Post: Buy a house with cash and then take out mortgage?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

Also what is a HELOC?

Post: Buy a house with cash and then take out mortgage?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

We want to pay cash now so we can close faster as the loan we wanted we are not able to secure until Jan and we don't want to lose the house or wait that long anyway. We'd like to put that cash back in investments and get a loan afterwards. 

Post: Buy a house with cash and then take out mortgage?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

I have no mortgages out at all.

Post: Buy a house with cash and then take out mortgage?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

I am thinking of buying a house with cash and then taking out a mortgage. Are there any downsides to doing it this way? Benefits? Thanks 

Post: Appreciation on LI?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

Does anyone have a resource for appreciation history in Suffolk County and what is projected for the near future? Thanks so much 

Post: Where to find info on appreciation history in an area?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

Are there certain websites that can show you the history of house appreciation in an area? Thank you. 

Post: Nervous about pulling the trigger on first house - feedback?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

Yes thank you @Michael Lauther!

Post: Nervous about pulling the trigger on first house - feedback?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

@Michael Lauther I'm actually living in this community in NC right now. I need to change my profile info! 

Post: Nervous about pulling the trigger on first house - feedback?

Heather IppolitoPosted
  • Investor
  • Port Jefferson, NY
  • Posts 53
  • Votes 4

Thanks @Justin B. for that perspective.