Who is offering HELOC on second home with occasional Abnb rentals done.

Some.banks immediately turn this into an investment property and deny that.

Don't want to cash out refinance as underlying mortgage is <3% and fees plus new cost to carry are not worth it.

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Have you tried reaching out to the major banks? Those might be your best shot during this environment. I’ve also heard some people working with Mortgage Depot, and Flagstar Bank.

Related Posts

Hey fishes, can someone tell me how the 80c bracket works, i know i can get exempt upto 1.5lakh under it, what i wanna know is does PF comes under it or not? For example if my yearly pf deduction is 20k and VPF is 10k so now will i still be able to show investment of 1.5lakh under 80c apart from PF and VPF or i'll be able to get exemption on only 1.2 lakh( 1.5lakh-30k= 1.2lakh)?

Thank you in advance!!

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$700 a month lease (tax-in, 39m/10k) R-Dynamic (380hp V6). Only first month and registration due up front. I can’t think of anything as good or better I can get for that much. Thoughts?

Post Photo
likesmart

Why are the other cryptos not skyrocketing? Will Ethereum ever rise like Bitcoin has risen?

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How much has stock options changed anyone’s life here? Just started at amazon and I received 1500 shares post split. But obviously the vesting schedule is so long over 4 years and morale certainly will be up and down. I feel I’d be crazy to walk away before then and miss out.

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My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Hi Experts,

Suggest me some debt funds. Looking for investment for 3-5 years.

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Curious if anyone has invested a big amount in one stock let’s say buying 150k of CRWD in may based on gut or conviction however you may put it. Want to have a discussion around lessons learnt and ways to derisk.

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Currently renting for ~ $1500/mo in a low COL city. My lease ends in Dec and am looking to purchase a property and get into rental game. I have $40K in bank, but I’m not sure what my max investment should be or will be approved for. Would it be feasible to keep renting and also try to rent out a purchased rental property given my liquid cash?

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

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I have 4k that won’t need soon and thinking about were to spend it on.
A. Student loans at 5%
B. Invest in stock market

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Anyone use Wealthfront as an investment platform? Likes, dislikes, thoughts?

Ugh I just signed to fix my house’s mortgage interest rate at 2,73% for 2years. Instantly regret it.

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Recent college graduate - looking for advice and tips on how to buy stocks and trade.

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Thoughts about Georgetown? Looking to buy and wondering what the current and future outlooks are in terms of growth

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If you tithe, do you pay 10% on your gross or disposal income?

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Anyone in on IPOF call options?

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How do I make millions?

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Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

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People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

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How much is a good amount (% wise) to be putting into your pension pot? Would be good to hear at different salary brackets!

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More Posts

Hi, i recently got an offer from Atos for 10lpa (9.5) being fixed, can anyone help me to understand the take home and also how Atos is as an employer & growth opportunities.

Thanks in advance!

Question for more experienced bankers, when did you start to feel comptent at your job? For example, I am 5 months in and am still making small mistakes and getting corrected, feeling like I’m putting in the work and time but still miss things, thoughts on normal progression?

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Boys, don't spoil your goals behind holes.

funny

I used to work down the hall from Zoom in the WeWork on Madison and 51st, who knew they were gonna blow up like this wow

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Alvarez & Marsal Want to apply for the PEPI Sr Associate position MI&CO. I have 5 YOE experience in Deloitte’s M&A practice (integration and carve outs). I’m currently based in Toronto but happy to relocate. Anyone up to have a chat and refer me? Alvarez & Marsal

Anyone selling magoosh access? Both math and verbal

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Looking for remote/chennai/banglore refferal
Ui ux designer with 3yrs exp
Lwd - November 8
Ctc 10-14

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Which firm would you say has the best Oracle practice?

Doggies Daycare...yay or nay?

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How is the hike and bonus guys

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Any advice on where to live for a young professional moving to Denver?

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Hi fishes,
1. I heard that few people received promotion mails last week. Is it true?
2. Also I got a mail about promotion requirement compliance status pending, does that mean I am getting promoted or is it a default mail.
3. Also I joined pwc ac bangalore around 10 months back as associate 2 , how much hike and bonus can i expect with/ without promotion

Current CTC 12LPA
YOE 4.6

Thanks in advance

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Any guys in LA?

likefunny

Trying to get an investment job in Toronto as a new immigrant. I have 4 yoe in consulting, investor searching and financial service (risk). Currently working at call center to get local experience (bilingual), opportunities for internal transfer, while preparing for CFA 3 Feb 2023. Any ideas what to prepare in extra?

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How much are y’all spending on your videographer and what all are they providing?

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Hi Fishes,

Pls reply or DM if interested asap.

Post Photo
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Should The Flash be canceled because of Ezra Miller's behavior? It's sad to see how he's gone off the rails.

like

Love to see Duke lose

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Additional Posts in Interest Rates

For anyone that has used Lennar’s in house lender, Lennar mortgage, how do their rates compare against competitors?

Mortgage rates jumped in the last couple of weeks to 6.28% because of inflation data, as well as the fed increasing rates by 75bps. If the fed sticks to their plans (Jul rate inc if 50bps/75bps; followed by 3 inc of 50 bps), will rates continue to range between 5.75-7%?

A recession is already here. Inflation is still high, although hope hopefully peaking. Realistically I don’t see the fed dropping rates until 2024-2025. What will it take for the fed to reverse course and decrease rates?

What interest rates have you been quoted lately?

Under current circumstances, fixed rate or adjustable mortgage rate?

Based on the current environment, if interest rates rise to what percentage, will you forgo buying a house for now?

How many quotes have you gotten for interest rates and overall costs?

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If both are priced relatively similar, which would you choose: new construction or existing home?

What will interest rates be come December?

funny

If you were playing in buying a home, are you still going through with it or no longer in the market?

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Looks like interest rates have stabilized. What, if anything, could cause them to start increasing again?

likehelpful

As the interest rates continue to rattle the market, how have they affected your personal situation?

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After todays announcement of a fed rate hike of 75 bps, Mortgage rates over the next couple of months will likely remain within 0.25% to 0.50% of todays range. Unless the fed throws a curve ball in their remaining meetings, the remainder of rate hikes have already been baked into mortgage rates currently being offered.

Purchase a new build recently? How long is the estimated construction timeline?

What interest rate have you been quoted as of late?

Whom would you opt for, Builders lender or traditional lender for new construction?

Is 560K for a 3 bedroom low ranch in Ronkonkoma, long island a good deal right now?

funny

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