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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 50% of a quality property being impeccably managed in a fundamentally strong marketplace for under $150 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.