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Tag Archives: Cash
Is it smart to use the equity from primary residence to pay cash for a rental?
by J. Stephen Conn Question by athos: Is it smart to use the equity from primary residence to pay cash for a rental? With the mortgage rate in free fall, is this a good idea to use the equity from … Continue reading
I own a house with my brother, I would like to buy him out and cash in the equity. How can this done?
by Mr. T in DC Question by Mr Yankee: I own a house with my brother, I would like to buy him out and cash in the equity. How can this done? Do I refinance? A new mortgage? How do … Continue reading
Q&A: Can I use interest from Cash Out Refinance on tax deduction?
by J. Stephen Conn Question by Leo L: Can I use interest from Cash Out Refinance on tax deduction? I have mortgage amount in $ 50,000, and credit card debt in $ 30,000. I am planning to do cash out … Continue reading
Q&A: do i pay any taxes on a cash out from a mortgage refinance?
Question by jmr08260: do i pay any taxes on a cash out from a mortgage refinance? i want to refinance my existing mortgage and take out some cash do i pay taxes on the cash Best answer: Answer by ggaryusaNo, … Continue reading
Possible to refinance mortgage with no job but high equity and extra cash for partial payoff?
by The Ardvaark Question by Vindaloo99: Possible to refinance mortgage with no job but high equity and extra cash for partial payoff? I have 50% equity in my house, cash to reduce the loan amount even further, but no job … Continue reading
Is the cash out of a mortgage refinance taxable?
by stirwise Question by : Is the cash out of a mortgage refinance taxable? I am buying a foreclosure and refinancing to pull cash out to update the house. I will be under the current appraised value but I am … Continue reading
Do I need to report the equity “cash out” from mortgage refinance as income?
Question by jewel: Do I need to report the equity “cash out” from mortgage refinance as income? I do my own taxes every year, but this year I have a question. I refinanced my mortgage in the spring. Had a … Continue reading
Commercial Refinance Mortgage Commercial Refinance Enhances Cash Flow
Commercial Refinance Mortgage Commercial Refinance Enhances Cash Flow Prior to commercial refinancing of a property, there are several unique factors that you should take into account. The way the monthly cash flow will affect by the refinance will be known … Continue reading
Q&A: Cash out refinancing for another mortgage downpayment?
Question by homer simpson: Cash out refinancing for another mortgage downpayment? I want to do a cash out refinance on my mortgage in order to get a down payment for an income property. I have plenty of equity in my … Continue reading
Getting Cash In On Cash-Out Refinance Mortgage Program
Getting Cash In On Cash-Out Refinance Mortgage Program Article by anthony russell What is meant by cash-out refinance mortgage?It is a mortgage refinance transaction wherein the new loan amount is more than the … Continue reading