Search found 3 matches

by nymd2
Sun Feb 10, 2019 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC issues
Replies: 18
Views: 1757

Re: HELOC issues

Thanks as always for all the thoughtful suggestions. We are not currently living in the house, so I doubt a drive-by appraisal will be offered. I think we will probably end up being in ok shape with credit cards for a short period of time for a relatively small deficit in funds. I think we will able...
by nymd2
Wed Feb 06, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC issues
Replies: 18
Views: 1757

Re: HELOC issues

Thanks for your reply. We have definitely considered using a credit card or two to bridge us towards the end of the project. Just to fill in some details: The renovation budget is about 600-700k. We are high income. We can probably afford the renovation with what’s in our savings account and what co...
by nymd2
Tue Feb 05, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC issues
Replies: 18
Views: 1757

HELOC issues

Hello all, Well, I’ve dug myself into a bit of a hole. We purchased our first home with the intention of gut-renovating and expanding it. We had an appraisal of the property done during the purchasing process which was arranged by Citi (our mortgage lender). I thought we had enough cash to get throu...