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29 January 2025 | 12 replies
The goal of a HELOC is a quick line of credit to either refinance or sell and pay back the HELOC as soon as possible.PS - I would recommend taking a look into the Columbus Ohio market, there's tons of 1% rule deals still within the 120-180k price point with amazing appreciation potential.
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6 February 2025 | 0 replies
This will help attract more business to the state, keep it coming!
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2 February 2025 | 4 replies
Also, would this loan help build my personal credit, or would it only report to business credit bureaus under my LLC?
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25 January 2025 | 7 replies
You are still going to get the best rate possible with your significant down payment and with good credit I'm assuming.
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19 January 2025 | 14 replies
They could even hire you to do the work on the house and instead of paying you they could just give you a credit at closing.
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21 January 2025 | 8 replies
You also get 100 free credits on sign up so great if you just need a smaller list done.
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6 February 2025 | 16 replies
Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.
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21 January 2025 | 13 replies
The interest would be tax deductible due to interest tracing rules.
9 January 2025 | 0 replies
Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.
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2 January 2025 | 2 replies
Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).