I'm Moving || Should I Sell Or Should I Rent?

  Рет қаралды 13,061

Kris Krohn

Kris Krohn

Күн бұрын

Пікірлер: 19
@rdf4ta927
@rdf4ta927 2 ай бұрын
If you don’t have the cash for a 3.5% down payment, just rent and wait until you do. The HELOC might be a low or no cost option to draw, but you’re still paying interest on any of it that you use.
@antonioruberto7077
@antonioruberto7077 4 ай бұрын
Forgot to mention PMI if you don’t put down at least 20%.
@eliteaone
@eliteaone 5 ай бұрын
Great video. Well presented and very informative.
@halfabrikbragito855
@halfabrikbragito855 11 ай бұрын
But the heloc only if your credit score is eligible
@5dogdaddy405
@5dogdaddy405 Жыл бұрын
and then there's a thing called a credit score
@kitkat4329
@kitkat4329 Жыл бұрын
Love this video!
@EdgarBlendz
@EdgarBlendz 2 жыл бұрын
I’m 16 years old watching vids like this 😭
@Extesyy72
@Extesyy72 2 жыл бұрын
Same 💀💀
@jayc4715
@jayc4715 2 жыл бұрын
Sell and 1031 into a nice house with an ADU..in Texas..rent out the ADU
@Jesussaveme85
@Jesussaveme85 2 жыл бұрын
Hi Kris, I have a question about the Heloc option and buying another primary residence. I just bought a home in December with a FHA loan and my home has increased in equity substantially. My question is should I use my HELOC to purchase my next home and rent this current home out after the one year mark and if so should I open a business and not put it in my personal name? I get so confused about that, I want the tax write off and benefits but, I’ve heard you shouldn’t have too much in your personal name. Thanks!
@MsbLiLkey38109
@MsbLiLkey38109 Жыл бұрын
Gotta get a llc then
@DavidMcCoul
@DavidMcCoul 2 жыл бұрын
Great video! Very well presented
@johnnycostilla1464
@johnnycostilla1464 2 жыл бұрын
I've recently called to quote a heloc and everyone is telling me they aren't doing helocs at the moment.
@RM-hu6gx
@RM-hu6gx 2 жыл бұрын
Very helpful!
@DailyDDD
@DailyDDD 2 жыл бұрын
I love you Chris.
@alexischristensen7496
@alexischristensen7496 3 ай бұрын
What if my mortgage on house #1 is higher than rent rates for the area? Does it make sense to rent at a loss for a period of time?
@tsebelaygese6133
@tsebelaygese6133 Жыл бұрын
I thought he has $140k equity instead of $ 40k.
@rdf4ta927
@rdf4ta927 2 ай бұрын
They won’t let you borrow your full equity.
@MrDevilDogs6317
@MrDevilDogs6317 2 жыл бұрын
1st 🥇
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