Normal
As long as you just cash the difference, taxes and actual value would be irrelevant, you would still get a ...taxable.. profit based on rate difference.The only issues are costs to setup, fee on closing the reverse mortgage and obligations attached to closureThere is a sizeable rate difference between a lending rate and an investment rate, it would be crazy not to investigate it for people who qualify..
As long as you just cash the difference, taxes and actual value would be irrelevant, you would still get a ...taxable.. profit based on rate difference.
The only issues are costs to setup, fee on closing the reverse mortgage and obligations attached to closure
There is a sizeable rate difference between a lending rate and an investment rate, it would be crazy not to investigate it for people who qualify..
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