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Results (10,000+)
Nicholas Bagliani First time home buyer advice
24 June 2024 | 13 replies
Look at your personal budget and determine the house price that you can reasonably pay.
Landon Sheveland New to Investing
26 June 2024 | 1 reply
A great way to network and meet people in your local community is to attend in person meet ups.
Derek Bleam Questions about starting an LLC
26 June 2024 | 18 replies
So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, that would be the owning entity of the LLC that I would create/own in PA to protect my privacy and my personal assets in case of a law suit.
Rachel H. Rent to Tenants with Large Credit Card Debt?
26 June 2024 | 19 replies
They're experienced personal finance people and they have it all on 0% interest balance-transfer cards.
Emily Anderson Investing in Fresno | Why are there more bookings in the summer than in winter?
25 June 2024 | 8 replies
I am going to pass along onera-group.com with my team...thanks for the share.
Anderson S. Atlanta Networking & Meeting New People
24 June 2024 | 2 replies
Can anyone share details with me?
Jorge Abreu ✏️Evaluating Deals: The Significance of Evaluation Templates and Loan Types
26 June 2024 | 0 replies
It's all about the personal financial statement.
Jesus C. Has anyone found any decent property manager in Bakersfield/Oildale, CA?
27 June 2024 | 8 replies
My rentals are in easter kern county so I don't have personal experience with having Oildale properties managed but if I need a manager in Oildale, I would turn to Sanjeev Advani.
Sumit Kaul loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.
Chris M. Any platform or website for selling your Syndication Equity?
25 June 2024 | 14 replies
Does anyone know if there is a website or platform that connects people looking to invest in a syndications and those that may want to sell their shares