Is it mandatory to open an escrow account with the lender? What are the pros? Was wondering if i rather put aside the money for taxes hoa etc. in another interest earning account and pay them myself?

Monday Wordle :

Wordle 401 5/6

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EY folks - how do I increase my firm group life insurance coverage (not the group universal / variable policy)? My wife’s coverage is at like 3x my salary but mine is only at 1x my starting salary from 5 years ago…

Has anyone used Loan Cabin to refinance? They seem to have the best rates.

Can I get a commercial loan without 25% down?

Does Platinum Corporate Amex worth the $550 fee in terms of points? Let's say I travel up to 50% of the year. And EY doesn't pay for the membership fee anymore, right?

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

Buying a new construction single fam house in PA suburbs. Already Signed the contract and Looking for a lender with lower interest rate. Anyone come across comparable lower IR lenders? Any insight is appreciated! :)

Incoming BA - any advice/links on the math for the best credit card for personal use?

Really regret not selling United Wholesale Mortgages. Very confused on what to do with this one. Unless it gets PT it’s gonna be stuck around the 10 range. Think I may be eat the loss on first say a dividend is available

Personal finance book recommendations?

What % of post-tax income do Londoners usually spend on rent?

Offered 6.2k per month post-tax and thinking of spending 2k on base rent, single household. Does that seem reasonable for someone who wants to save and invest?

2019 Hot Take #1: Mutual fund outflows will continue and accelerate if the market pulls back.

What’s a good, practical tax book to read for someone who knows nothing about taxes? I feel like I should familiarize myself with them but don’t know where to start/find the topic very overwhelming and dense even as a finance attorney. Welcome to other beginning finance book suggestions too! (Already read Kiyosaki and Ramsey)

Finally I am a tax payer of India.... After 3.2 years in TCS, will pay tax on 8k😂😜😜😜

I’m not bad with money but definitely lots of room to improve overall, due to several personal factors I don’t want to list in full here (numerous unanticipated medical bills, bad boyfriends, etc.) Hence why I only have $3k in savings right now. My first mini goal is to have $5k saved by the end of December. I need motivation and words of encouragement. If I pay off my medical bills, I won’t make my goal. I have to start putting saving money first. Getting depressed about my situation.

Client had a privately held REIT in IRA. Trying to transfer to IRA I manage to diversify. I need some help. Continued...

I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

Recommendation for a CPA/ financial advisor in NY? Have oversea assets and investment property in the States. Can't seem to find anyone legit on Yelp:(

HBS admits - does anyone know what is the max income threshold 3 years combined to qualify for financial aid?

Ladies, did you put on make up before your delivery for photo purposes?

Why are some people (employees, not companies) hell bent on getting everyone back to the office?
Looking for excuses to avoid going in anytime soon

Anyone have the name and contact info for the HR Lead at WundermanThompson Health? I need it for a background check and can’t seem to find it anywhere. TIA

I was rejected from a job because I don’t have a big online presence. Why does work have to be my hobby, too? Is this normal?

Looking for a Database Manager role. Are there any level B/7 roles available for NCR region?

Hi SpEd Teachers, is anyone else facing EXTREME staff shortages as a result of state funding? We are not able to meet my students' IEP requirements (not even close) due to not enough paraprofessionals and the district flat out refusing to hire more. I've lost 70+ hrs/week of para hours over the past few years and my students are really suffering. This leaves our district open to lawsuits, but the real problem is the state's education budget. What can we do?? This isn't going to fix itself.

My joining date is NoV 21st, can any one provide me some details.. Cab facility..? Allowances any .? Reallocation allowance..? Shift allowance..? Joining bonus..? I have one more offer from other company, let me know which company is best to join regarding the career growth.!

Help! If I'm going to fall off the healthy eating wagon, it is most likely between 3 and 4 pm. I believe it is normal for blood sugar to dip at this time which may be why cravings are strong. Even if I eat something healthy, I will still crave salty crunch and it is so hard to resist. Would not buy such foods if it was just me at home, but do not live alone. Tips????

Can I do a mother of bride dress appointment the same time after my bride fitting? It'll just be my mom coming to the appointment. Or should I do hers right after I finish my appointment?

Is there a list of agencies and clients that don’t pay on time or at all? If not, can we start one here?

Recently got my CPA license in August & considering leaving public accounting for Industry. Should I expect my new role to pay for my CPA license renewals/AICPA membership/CPE classes? These things add up &I feel like should be considered when transitioning. Thoughts?

Just got a little tipsy and impulse-bought a $2,000 82” tv. Hope it’s worth it.

Is it possible to get International mobility in UBS ?

I have been on a planned personal sabbatical this year pursuing personal interests. Now I’m ready to go back to work. I will have next week the second interview with an exec recruiter for a company for a Director level position reporting to the COO of the company. In addition to having relevant experience and accomplishments handy, I would appreciate any pointers for having a good interview at this level.

IEP, 504, and those without internet will return in-person next week while rest of students remain remote. Regular Ed teachers may have students (mild Learning Disabled kiddos) in their room while teaching. They are saying it’s a liability issue if they have one student in the room with them, even though teaching other via Zoom. Thoughts? Anyone else experiencing this?

Is anyone utterly confused about what they want to do long-term?

My score is 457, i applied for PR in May 2019 and i haven’t received any update except for i had to do medicals again. Anyone else waiting this long as well?

Planning a trip to Tulum, Mexico for about 12-15 people. I am wanting to get a house near the beach with a c or can come every day. Any suggestions on where to start? Would we also need to rent cars?

Excited with the change?

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

I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

Better to aggressively pay off $15k in student loan debt and pay off by early next year or make the min $200 payment and save the rest for down payment/emergency funds?

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

How long did it take you to purchase your first rental property once you started looking? I’ve been working with an agent for about a month with one offer not accepted, feeling discouraged

I have the opportunity to buy a new build in ATX for 310k at 5.625% 30 year. Should I buy it? I can either:
1) rent it out
2) sell it

It's not my primary and I don't need it to live in. The news about a housing market crash is worrying me. Any advice?

The threat of nuclear bombs flying over cities should crash the real estate market

Anyone sell to Zillow? Got an amazing offer from them, but naturally my floor decided to start deforming right before inspection. No water damage - I can get someone out here to fix it ASAP, but wondering if it’s worth the hassle. Mostly worries inspector will think there’s water or foundation issues

We just moved into a 50 year old house. We got the popcorn ceiling removed in the garage plus had the walls done. We didn’t use an official asbestos expert because of the price.

The horrible, dirty people that lived there before us left us a crappy mess. Hope we are not exposed, nor the neighbors.

Do y’all do 15 year or 30 year for your portfolios? I personally plan to have a “job” or “career” for both the next 15 and possibly next 30 years, so should I just do 15 years to get a free and clear portfolio earlier? 25 year old and just getting started. Have a duplex in a major market (looking to refi out of FHA), and eyeing other opportunities now. I don’t “need” cash flow, so should I try to just build equity?

For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

Good cities/neighborhoods to invest in around Dallas? Looking for a SFH with max price around 300k. (w/ 70k down)

Bought a 300k end unit townhouse in Atlanta, 14 months ago with 10% down (3.65% interest rate). Prices in subdivision have been increasing over that period. This month 2 non-end units listed for 330k and sold right away. The opposite end unit on my 5 unit building was listed for 340k and is currently pending. What is the best way to stop paying PMI since since I should be at 20% equity?

Thinking about investing in a 3-4 unit building in Chicago (Jefferson Park, Avondale, Bridgeport, etc.). Is the upcoming winter a good time to do so?

I am looking to buy my first property soon - preferably new constructions (anything except condos) anywhere in Ontario/Canada. Any suggestions where I can turn to find new construction projects? I understand I need an agent. Until I find a good one, I am looking at the houses myself. Any suggestions where I can get information about new projects happening in the province?

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

I heard you need to show a net worth of 100% of the loan amount. Have you heard about this?

Any one knows what’s the easiest way to order a radon test for new construction?

I'm a first time home buyer and got pre qualified back in Jan. Hard pull on credit docked me a few points. I wasn't able to close and now considering another hard pull for a different mortgage company offering better rates.
I'm new to this and this may be a stupid q but I'm looking for input from the bowl on whether to do this hard pull and get pre-qualified with a few more mortgage companies. Any advice is appreciated. Thank you

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with