The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: portfolio loan consideration Date:  5/24/2013  2:07 PM
Author:  CABob Number:  72268 of 96307

Is this a tax deferred, tax free, or taxable account?
What do you plan to do with your existing home? If you are going to sell it, can you take a loan against the existing home temporarily?
For some reason lenders seem to care less about net worth and only consider income. This doesn't make sense to me, but, that seems to be the way it is.
When I got a home loan after retirement I had to arrange for IRA withdrawals such that they could see income to make mortgage payments. After the loan was made I changed the withdrawals to what I wanted.

Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us