Feb
28
Doesn’t that sound better than losing a big
February 28, 2010 |
Doesn’t that sound better than losing a big chunk of your equity to taxes? Now, let’s look at an example. Here’s why. If a bank will funding you 70% of the value, that would be $392,000. There are two problems with selling. You will do better to refinance. We’ll suppose you have owned a small apartment building for several years. A good rental realestate generates more income as rents go up. If the new interest rate is 6.5%, your new payment will be $2295. Isn’t [...]
San Diego Real Estate
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