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PeeverConn Properties
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Hidden Money Strategy
One of the most common ways of accessing
investment capital is through the equity in your home. Secured lines of
credit typically have the lowest interest rates and the interest What other investment vehicle offers this type of leverage? How would you like to own a quality piece of investment real estate being impeccably managed in a fundamentally strong marketplace for as low as $50 per month? (That you can potentially write off at tax time) If that sounds good, this is the hidden money strategy for you. The following is the formula the banks use to calculate how much equity you can access from your home. Equity Strategy: (Appraised Value) x
(80%) - (Mortgage Balance Owing)
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that you do
pay is potentially a tax write off based on your personal tax planning
situation.