Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Home Improvement, Design, and Decorating
Reply to "If you did a renovation in the 250-300k range, how did you pay? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We are about to build an addition about twice that cost. We will look for the lowest interest rate between a liquidity access line and an equity loan (or do part in each product). We will also pay a good amount along the way from savings and cash flow. We plan to pay off loans over the next several years by liquidating stock holdings periodically + cash flow, rather than selling it off all at once. In essence, this is a bet on the stock market going up more than the interest rate of the loan, but because of some complicating factors there are also tax considerations. We hope to not take out more than 3-5% of the stock in any given year and supplement with cash flow for the remaining payment. If the cost of the project was half, we’d still do the same thing. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
