| Author |
Message |
 Topic: Converting HELOC into home equ. loan or other |
edsly42
Replies: 11
Views: 19176
|
 Forum: Real Estate Posted:
Mon Nov 20, 2017 8:18 pm Subject: Converting HELOC into home equ. loan or other |
| Thanks for the response oldguy. When you say you'd refi "the home", do you mean the rental? Or my primary? |
| Topic: Converting HELOC into home equ. loan or other |
edsly42
Replies: 11
Views: 19176
|
Forum: Real Estate Posted:
Mon Nov 13, 2017 9:16 pm Subject: Converting HELOC into home equ. loan or other |
Crazy market here but here are the numbers:
Bought a primary residence in '13 for 249K
Appraised in spring '16 for 355K
Took out a HELOC in summer of '16 and used 55K for a downpayment on a r ... |
| Topic: Pulling from IRA for home down payment |
edsly42
Replies: 16
Views: 5838
|
Forum: Personal Finance Posted:
Wed Nov 28, 2012 4:40 pm Subject: Pulling from IRA for home down payment |
| I think, (not certain), that you can pull the money out without the pre59 1/2 penalty for a first time home purchase. But either way, after hearing your ideas and researching around a bit, I have deci ... |
| Topic: Pulling from IRA for home down payment |
edsly42
Replies: 16
Views: 5838
|
Forum: Personal Finance Posted:
Wed Nov 28, 2012 1:37 pm Subject: Pulling from IRA for home down payment |
| Fair enough, thanks to both of you for your thoughts. My gut has agreed with your response all along, coaster. I was just trying to make sense of comparing the two scenarios. Great info, thanks. |
| Topic: Pulling from IRA for home down payment |
edsly42
Replies: 16
Views: 5838
|
Forum: Personal Finance Posted:
Tue Nov 27, 2012 5:49 pm Subject: Pulling from IRA for home down payment |
Hi all,
New to the forum here and have a pretty specific personal finance question. Despite working in financial analysis, having an econ degree and being halfway through the CFA program, I can't dec ... |
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