What specific kind of financial investing would give the greatest return based on a $2,500,000 investment? Stocks, bonds, mutual fund, etc? [more inside]
posted by lorebella
on Jul 31, 2012 -
Assuming that you could
buy a house outright, for cash, why would you get a mortgage? A conversation got me researching this recently. Many articles suggest that if the interest rate is low, a mortgage is better. Yet I can't for the life of me figure out why paying low interest is better than paying no interest. A person with a 30-year mortgage usually ends up paying about 2 times the principal. School me, financial mefites.
FYI: this is just a curiosity. I'm in no position to actually do this in reality.
posted by the jam
on Jan 6, 2012 -
and I have started looking at condos and townhouses and maaaaybe small Actual Houses in Toronto and I want to know what I'm doing. My usual approach to that problem is "well, read a lot". [more inside]
posted by mendel
on Jan 14, 2011 -
I dream of becoming a home owner, but I have a strange financial situation. Is it possible? [more inside]
posted by anonymous
on Nov 6, 2010 -
My wife and I are planning on selling our home early next year. We are currently owe about 10-15k more than it is worth. When we sell, we may have to pay up to 20k to cover the remaining balance on our mortgage, which we will have at that time. Instead of saving the money to pay when we close, should we instead pay down our mortgage so we will be above water when we sell?
posted by bajema
on Sep 2, 2010 -
Our house in the Chicago suburbs has been on the market for a year, and isn't selling. Should we drop the price till it hurts even more, or try to rent it out and hope the housing market doesn't fall even more? [more inside]
posted by anonymous
on Apr 12, 2010 -
I have recently acquired a commercial property. I want to obtain a line of credit against the down payment I put on the property. Obviously, I have not done this in the past. But, I envision the transaction being similar to a home equity line of credit. Is there anyone out there that can point me to the right direction. FYI, the commercial property was acquired via a new LLC of which I own 100%.
posted by yorja
on Jun 2, 2006 -
I own a condo with a mortgage and tax deductions and equity. SO moving in. How do we split expenses fairly? Many other questions about financial logistics. [more inside]
posted by commander_cool
on Feb 13, 2006 -
I'm moving to New York City, and I need help deciding what to do with my condo. Should I lease it? Sell it? [more inside]
posted by dansays
on Dec 27, 2005 -
I just read an interesting article
regarding long term mortgages. Basically fixed rate, 30 yrs = Good. 15 year = bad. What are some counterpoints to this argument. Drawbacks to long term mortgages? Advantages to paying it off early? [more inside]
posted by rschroed
on Apr 25, 2005 -