Aug 23 2009

How can I find a very low auto finance rate for a new car from a franchised dealership?

How can I find a very low auto finance rate? My credit union is 5%+, costco is 4.94%, and eloan is 6.99%+!! The dealership was offering 2.9%, but that ended on July 7th. That’s the type of rate I’m looking for. Does anyone have any ideas that I may not have thought of? Home equity [...]

Aug 14 2009

Paid off investment home. Can I take a 1st mortgage on that property or must I go with a home equity loan?

My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.

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Jun 1 2009

How do you buy investment property with a home equity loan?

My husband and I are thinking of purchasing an investment property by way of using a home equity loan on our first home. Is this a smart thing to do? what are the down sides of it? We don’t have money of our own in the bank to do it, but it seems like a [...]

May 6 2009

We are buying an investment property. With little to put down, what is the best way to finance the property?

We have a large amount of equity in our current house.
We have no bills other than the mortgage on our current house.
Is a home equity loan to get to the 20% down payment and then a conventional loan on the investment property itself the best way to go?
Or is it best to finance [...]

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