All Forum Posts by: Ying Tang

@Dan H. Thanks Dan! Thank you for taking the time to write another long reply. Really appreciated. You talk like a very dear friend of mine whose name is also Dan. Very helpful comment. Thanks a lot!!

@Jackson Harris Hi Jackson, thanks very much for the reply! I'm now convinced and I'll go with 30 for my next mortgage. Thanks again!!

@Marcus Auerbach Hi Marcus! Really appreciate your insightful comments!! I really need to plan wisely in terms of tax. Currently I just pay a lot of taxes and don't even bother checking what things I can write off...and that's bad.. I need to educate myself or get a good tax consultant. Thanks so much!

@Account Closed Hi Chris! That's wonderful. My husband has a 30-year mortgage at 7.99% he got in 2023 that need help refinance. We are wondering if the current rate difference is worth the effort.

@Caleb Genry Hi Caleb! Would you mind share it with me too? Thanks a lot!

@Dan H. Could you share how I can get educated on this topic? Like a book? Really appreciated!

@Dan H. Hi Dan, thanks for your reply! I really like what you like and I'm going to print it out and hang it on my desk. So, you are offsetting that income/cash flow with more investment/loan/interest correct? I really need to dig deeper into this, as currently I pay a lot of income taxes. 

@Wayne Kerr Thanks Jeremy! Yeah the current difference is not that large. I think I'll go 30 for my next investment. Thanks again!

@Sandra Morrison Thanks Sandra! My current loan is at 7.99%... wish I started the RE journey sooner.

@Adam Martin Hi Adam! Thanks for the valuable inputs! I currently have a 30-year fixed mortgage at 7.99% for a rental, does it make sense to refinance right now at 6.5%, given that the closing cost could be high?