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All Forum Posts by: MIchael McCUe

MIchael McCUe has started 34 posts and replied 78 times.


"I like HELOCs because it doesn't change the interest rate on the property. A regular home equity loan is usually where you refinance and there's a change in the interest rate."

What's a higher profit mainly?

Post: FHA vs %20

MIchael McCUePosted
  • Posts 79
  • Votes 13

exactly what is the ROI advantage as a percentage I can't find this somehow, I bought 300k I guess its 7k CAD per year in PMI so a gain of 3.5 to 4.5k for my personal amount of 40k downpayment annually my understanding anyways otherwise thank you for the time much appreciated

Post: Secured and unsecured loans

MIchael McCUePosted
  • Posts 79
  • Votes 13

not a HELOC instead a Heloan

Sorry Im not the best typer, my apologies.  

Hi I’ve got the better of my family we all love to buy real estate  I wanna have a good standing as far as our business hopefully one day will be generational income I wanna perfect what is have listed below in bullet point as far as what will make me the most money generally speaking.


FHA loans

leasing such as all assets available cars, central residence , boats.

Secured and unsecured blanket financing

Taxes  Only 4K fixed 

This is staple information I believe let me know if theirs more and what the recourse I will get using the theory, thanks 

Hopefully this is lateral stuff that retains to the common denominator of the books available much will be appreciated for the interest otherwise.

Hi I’ve got the better of my family we all love to buy real estate  I wanna have a good standing as far as our business hopefully one day will be generational income I wanna perfect what is have listed below in bullet point as far as what will make me the most money generally speaking.

leasing such as all assets available cars, central residence , boats.

Secured and unsecured blanket financing

Taxes  Only 4K fixed 

This is staple information I believe let me know if theirs more and what the recourse I will get using the theory, thanks 

Hopefully this is lateral stuff that retains to the common denominator of the books available much will be appreciated for the interest otherwise.

Post: Secured and unsecured loans

MIchael McCUePosted
  • Posts 79
  • Votes 13

Alright well I wanna finance as much as I can what type of terms do they offer on unsecured loans  that are available based from income history generally from a job, is their a new loan opportunity every 2 years as long as you maintain a job or a similar income ? thanks.

Ie. can you get another loan 2 years after the first that your payroll recourse provides, if that makes sense.

Pleas I don’t know but I feel like theirs and urge of importance hear thanks you in advance salu

Quote from @Chris Seveney:

@MIchael McCUe

Called a c&i loan. Not sure how you’re thinking of profiting off of it.

Is it a common practice normally in this business for most owners I just wanna expand what I know about how finance is suppose to be done, thank you

Quote from @Andrew Postell:

@MIchael McCUe are you asking about a manufactured home?  Or a manufacturing business?


 Business

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