Here’s why. There are two problems with selling. A good rental realestate generates more income as rents go up. Doesn’t that sound better than losing a big chunk of your equity to taxes? If a bank will funding you 70% of the value, that would be $392,000. If the new interest rate is 6.5%, your new payment will be $2295. You will do better to refinance. We’ll suppose you have owned a small apartment building for several years. Now, let’s look at an example. Isn’t [...]
Organic Food
Information is deemed reliable but not guaranteed.