I have a variable 9.2 heloc with my local bank. Don't want to tap into it anymore, just need to pay it down. On year 2 of the 10 year interest only draw period of the 30 year loan. But it's so high it's a struggle getting the principal down. I found a 7% fixed heloc at a local credit union I might qualify for. It's only 20 years so payments wouldn't be much lower but at least they'd include the principal. Seems too good to be true ? Thoughts? Any cons?

Why does the purchase agreement call for a FIRPTA when no real estate is being purchased?

Does anyone know how to roll options in Fidelity’s app? Recently moved from TDA to fidelity

When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

At what income level does it make sense to contribute more to traditional 401k over Roth 401k for company ?

How are the areas around white rock lake to buy an investment property? Any suggestions appreciated!

I'm working on a Fintech startup related to commercial banking pricing. We would like to do some "expert interviews" with current RMs (we would compensate your time.) We want to better understand the friction points when it comes to price C&I or CRE loans. Please DM me if you are interested.

We are not looking for any private information, but more anecdotal evidence of issues that can be improved.

I am joining JPM as a VP. Which brokerage accounts are permitted at JP for personal trading?

How much should i save from my salry for securing post retirement life and all general commitments before that. I'm 30 now. Assume no Inheritance. Current in hand 1.85 lpm

Hi! Anyone attend law school part-time while working full time? If so, would you be willing to share the total debt you graduated with? I only ask because I have not been able to find any info related to this online (only stats on full-time students).

I will be submitting applications to schools in one month, but really want to gain a better understanding of finances during and after graduating from law school.

Is now a good time to buy a house?

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

What is a reasonable rent increase %

So after you max your investment accounts (401K, IRÁ, emergency savings. etc) what do you do next?

A little context: 24M, started in the pandemic, moved back home and paid off my student loans.

Do I move out? Can I start spending on myself? Am I missing anything from a saving perspective?

Apologies in advance if this comes off entitled/arrogant, really just looking for some advice and wanted to give as clear a picture as possible.

Does anyone have any book recommendations for information on buying a house?

Should I stop contributing to my 401K and put all my energy into paying off my student loan? Right now it's unconsolidated so there are rates between 3-6% and it's 20k.

I consolidated grad loans in ‘15, kept federal separate from private (w SoFi @6.75%). Can I refinance w SoFi or w Earnest? Should I combine the federal and lose the protections for better %?

FYI Amex offer for Allen Edmonds. Spend $300 get $90

Recs on good rental insurance? 3 apts in my neighborhood were broken into and I’m looking for a good but not pricey option

When is busy season over for the SOX side of stuff? Please tell it doesn’t go past 12/31.

Does anyone know about Leala Inc. it's a Japan based company, is it good to join?

Anybody who recently upskilled from non coding background to a MEAN or MERN stack ? Need guidance

I told myself I wasn’t going to do it. Re-assured myself I wasn’t going to do it. Told myself you’d know what would happen and still ended up gambling away a bunch of money I know I couldn’t blow. I don’t understand.

Visiting some banks in NYC January 7-11 for tours and on site info sessions (my university’s finance career trek for aspiring wall st’ers) and would love to meet with some of you for coffee/chats

Are rooftop bars considered outdoor + won’t have curfew anymore? If not does anyone know any bars/restaurant with drinks in midtown that are outdoor

Hi IBM sharks,
My friend received bluepoints, what's the conversion rate to rupees? Can we redeem it as cash components?@ IBM

M927H will be on for the next 50 minutes until Nook closes. Have some extra recipes in front of cranny but mostly just opening for people to come visit. If you have an extra archelon skull...I’ll pay

Sunday Wordle 449 5/6

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🟨🟨⬛🟩⬛
🟩🟩🟩🟩🟩

How do you make the most money in STEM? Is it about having a degree, prior experience and getting in touch with people? What’s your *success secret* and how does it relate to what you’re currently doing? Maybe you think business owners have the highest potential to make the most? Process engineer at an industrial facility in Goodyear, Arizona

Can anyone send me invites/codes to the EY and KPMG bowls?

For those who exited to PE deals / investment core teams, what’s your focus area when you were in consulting? Deal Strategy, Commercial DD, Growth Strategy, etc.? Do you like the WLB in PE?

What package can we expect for Senior Program Architect with 14+ years of experience in Salesforce India?

Any guys in LA?

Alright grill me I don't care. But I matched with a guy on an app and we have great conversations. However, after going on a few dates with him, it's obvious he looks nothing like his pictures. He has grown his hair out a lot and grown king facial hair and it's just not what I was into when we matched? I really thought he looked different and something about his hair being long and so greasy makes it hard for me to be into him. I know I sound awful but what do I do / say?

Thoughts on Mazda CX-30 2021? Or just the brand in general? And anyone in SC Bay Area selling?

Has anyone used ALgo to sell a car? Reviews look legit but the process feels sketchy

Whoever said bumble bbfs was great couldn’t have been more right. It’s weird I’ve l been confident in how I look in the last few years but my personality and likability was put into question but instantly I seem to be receiving the friendship attention I like, 50+ likes by 4am on the first day, signed up at 2am. It’s kind of nice to make brand new friends without having a connection or a class together. Old friends and friends or friends sometimes benchmark you and don’t view the new you

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

I share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

Can I get a commercial loan without 25% down?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

What is the term for giving your home buyers a credit for immediate renovations they will have to do before or upon moving in? And how does it affect the seller?

Current Tenant Rent: $1075, Monthly Payment: $400 (with property management), Initial Repairs: $2-5K, Down Payment: $12K

At surface level, do these numbers check out?

For anyone that has bought a townhome from Lennar, are the walls fairly well insulated for sound?

What, if any, were your main complaints?

How did you get started with your personal investing in stocks? I am 26, F, have some money in savings, 401k, stocks and just started my own business albeit small. I’m extremely interested in real estate investing have been reading and listening to podcasts. Any advice?

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

Any potential flags/benefits for dual agency? My agent and the seller's agent work for the same company.

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

Got an agent and she was useless for finding good tenants. Got frustrated and finally started finding leads myself and closing on one soon. I have signed a contract with the agent for paying one months rent as fee. How can i fight this or as he has been literally of zero value add? I will ofcourse ask nicely but wanted to see if i have any other options!

(1/2) People who work in the Bay Arae peninsula (Menlo Park) and live in the east bay- which is a good place to buy a house, upcoming, easy to rent or Airbnb in case I have to move back to my country! Prefer single family home as young as possible.
1- brentwood
2- Pleasanton
3- Dublin (expensive)
4- San Ramon (very expensive)
5- what else?

I bought a property with 5% down. If after a couple of years I decide to move and rent this out, can I buy another property to live in for 5% down or does it need to be 20-25% down?

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?