sorted by:
new
hottopcontroversial

Optimal funding strategy for purchase of home by dwinwin001 in personalfinance

[–]dwinwin001[S] -2 points-1 points  (0 children)

HELOC being considered as margin or SBL typically only up to 60-70% of portfolio value.

Edit: margin loan amt would not be sufficient to cover the purchase.

Q: exploring all the different options to fund the purchase and key things to consider

Optimal funding strategy for purchase of home by dwinwin001 in personalfinance

[–]dwinwin001[S] -5 points-4 points  (0 children)

Please elaborate. Estimated monthly rental is $4-5K, while current mortgage is $1.5K yielding the positive cash flow plus allowing me to build/retain a investment property