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Posts Tagged ‘Downpayment’

 

What type of mortgage to get when buying new house before selling old one?

Sunday, June 28th, 2009
CJ asked:


I am looking to buy a new house for about $ 600,000. I have only 10% cash for yourself? Al. We plan on selling our existing home right after? S of the new purchase. I have about $ 300.00 equity in my house today. Tambi? N a l I? NEA HELOC for $ 30,000 which is unusual. I am looking for a new mortgage of $ 250,000. ? Cu? L finances are the best way? Sta? • Use a pr? Stamos the lenga? Eta? • Another HELOC? ? Qu? options?

Luis

 

if you have 2 interest only mortgage loans, can you do tax deductions on the both?

Thursday, August 14th, 2008
mortgage loans
Ekaterina K asked:


I am talking about the case when you got 80/20% mortgage loans with 0% downpayment. I know that the 80% one is fully deductable, but not sure if I can deduct taxes for the second one

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