Search found 118 matches

by Rayandron
Wed Aug 12, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Just got ~50 insurance quotes, thought I'd share my results for posterity
Replies: 98
Views: 10759

Re: Just got ~50 insurance quotes, thought I'd share my results for posterity

I ended up forcing them to use email (I developed a detailed info summary which answered every question I was ever asked and sent it to them in my first contact with them) and told them to pound sand if they didn't. All but 2 eventually played ball over email. I plan to undertake a similar exercise...
by Rayandron
Tue Aug 11, 2020 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1481
Views: 136570

Re: My LenderFi refinance is going well

Where is this stated? I tried to find it in the docs I signed. I saw this when I closed with them in February, but so far in my second go round, I have not seen any language that I can’t refi within 6 months. I have a feeling that I’ll wait 6 months anyway, because if rates are really coming down m...
by Rayandron
Mon Aug 10, 2020 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

Loan depot and got a locked rate at 2.25% for (high) conventional refinance today (15 years). No points and no cost. Have been living in the single family home for 11 years. Based upon Zillow and ..... current mortgage is about 30% of value. Located in Seattle WA. We started the application process...
by Rayandron
Sun Aug 09, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1481
Views: 136570

Re: My LenderFi refinance is going well

Our old mortgage was 3.875% and we started looking to re-fi in early June. Locked with Northpointe at 3.125% for a low-cost loan (~$550 net cost) on June 9th, and paid a $400 deposit to them fully intending to complete the process. Exactly 1 month later we got a 2.75% offer from Lenderfi, and Northp...
by Rayandron
Wed Jul 22, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1481
Views: 136570

Re: My LenderFi refinance is going well

Has anyone been able to get their loan agent to give them the rate sheet? My guy told me that when I locked in at 2.625 that he would not offer me 2.75 with credits. That's their business model. Their max lender credit is $1,880, which covers all the standard fees (appraisal, credit report, title i...
by Rayandron
Wed Jul 22, 2020 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?
Replies: 56
Views: 4624

Re: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?

Does the company that's recruiting you know about your promotion and how recent it was? It's possible they are aware the new role would be a stretch for you or is one you're still growing into, but that they are willing to invest in your development in order to get you on their team. After all, if ...
by Rayandron
Wed Jul 22, 2020 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?
Replies: 56
Views: 4624

Re: Pursue a Job Offer I am not ready for? Apply more pressure for my Raise? Wait?

Does the company that's recruiting you know about your promotion and how recent it was? It's possible they are aware the new role would be a stretch for you or is one you're still growing into, but that they are willing to invest in your development in order to get you on their team. After all, if t...
by Rayandron
Thu Jul 09, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

Re-fi update: We are 2 or 3 days from closing on a ~$750k re-fi to 3.125% with Northpointe for A+B+C costs of $2,700 and a $4,000 lender credit. Exactly 1 month ago in June this was a no-brainer deal considering my current 3.875% loan, but today I got a LE from Lenderfi for 2.75% with A+B+C costs o...
by Rayandron
Thu Jul 09, 2020 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

Re-fi update: We are 2 or 3 days from closing on a ~$750k re-fi to 3.125% with Northpointe for A+B+C costs of $2,700 and a $4,000 lender credit. Exactly 1 month ago in June this was a no-brainer deal considering my current 3.875% loan, but today I got a LE from Lenderfi for 2.75% with A+B+C costs of...
by Rayandron
Sun Jun 21, 2020 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Letting my company know I'm looking?
Replies: 43
Views: 4824

Re: Letting my company know I'm looking?

This is a bit tricky. He's trying to offer you some reassurance about a period of guaranteed employment, but the reality is that with unemployment as high as it is right now and lots of companies in cost-cutting recession mode, a job search could easily take much longer than the 6 weeks or so he's p...
by Rayandron
Tue Jun 09, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

Also in the process of refinancing and wanted to do a sanity check. Currently have a 3.875% 30-year fixed with a mid 700s balance from mid-2018. NFCU is offering 3.25% with: $0 lender fees $3k in 3rd party fees ($1460 title lender's coverage, $470 settlement attorney, $350 title service fee, & ...
by Rayandron
Thu Jun 04, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

BrandonBogle wrote: Thu Jun 04, 2020 7:18 pm rayandron,

I’ve seen plenty of VA loan offers for 2.75% (didn’t keep track if they were 15-year or 30-year though). Have you cross-shopped getting a VA loan from places other than Navy Federal?
Don't have access to VA loans as I'm not a veteran. Am an NFCU member due to my parents' service.
by Rayandron
Thu Jun 04, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7992
Views: 557394

Re: Refinance Mega Thread

Also in the process of refinancing and wanted to do a sanity check. Currently have a 3.875% 30-year fixed with a mid 700s balance from mid-2018. NFCU is offering 3.25% with: $0 lender fees $3k in 3rd party fees ($1460 title lender's coverage, $470 settlement attorney, $350 title service fee, & $...
by Rayandron
Fri Sep 06, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sponsoring an immigrant's sick family member [Updated]
Replies: 47
Views: 4823

Re: Co-sponsoring an immigrant's sick family member

This is helpful. In general, the I-134 is lower risk, because it's tied to the duration of the visa (e.g., 90 days) -- if the person were to attempt to apply for permanent residency, an I-864 would be needed (for example), and that's a much longer agreement. Definitely reach out to an attorney to w...
by Rayandron
Fri Sep 06, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Co-sponsoring an immigrant's sick family member [Updated]
Replies: 47
Views: 4823

Re: Co-sponsoring an immigrant's sick family member

Update: Juan's attorney called me and was able to provide much more detail on the circumstances. Specifically: 1. His son is not applying for a greencard, but rather for a temporary B2 Visa, which is apparently normally used for tourism, but can also be used for medical tourism. As such, they are a...
by Rayandron
Sat Aug 31, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sponsoring an immigrant's sick family member [Updated]
Replies: 47
Views: 4823

Re: Co-sponsoring an immigrant's sick family member

Thank you all for the feedback here and via PM. Sounds like my fears of near-unlimited risk are well-founded, which is unfortunate. We could afford to gift Juan significantly more than $1,500 I loaned him, but I am not on track to be "retire with a 2% safe withdrawal rate" wealthy either. ...
by Rayandron
Fri Aug 30, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sponsoring an immigrant's sick family member [Updated]
Replies: 47
Views: 4823

Co-sponsoring an immigrant's sick family member [Updated]

From 2012 to 2017, I developed a strong professional relationship with an immigrant, let's call him Juan. In his home country, Juan worked for the government in an anti-narcotics role, and he was forced to flee when the narcos figured out his identity. He left his ex-wife and 2 kids behind. I have s...
by Rayandron
Sun Nov 04, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Buy house without agent
Replies: 55
Views: 5063

Re: Buy house without agent

OP, if I were you based on the situation you described I would not use an agent to buy from the developer.

My own buying experience without an agent is detailed here: viewtopic.php?f=11&t=248517
by Rayandron
Thu May 03, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: 1st Time Home Purchase Experience
Replies: 12
Views: 2803

Re: 1st Time Home Purchase Experience

Congrats! Not sure Im reading this right but you paid a real estate agent by the hour to answer various questions and show houses? Did you work out a deal with the seller to credit you for not bringing in a buyers seller? My wife and I planned to use a discount broker for our current house where th...
by Rayandron
Thu May 03, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: 1st Time Home Purchase Experience
Replies: 12
Views: 2803

Re: 1st Time Home Purchase Experience

I'd love to walk the neighbors in the evening and talk to owner except I don't know how. Most people in this area are just not chilling outside their houses. Knocking on doors would be considered not welcome. Can you give more details on how you approach it? Sure. My advice, in no particular order:...
by Rayandron
Tue May 01, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: 1st Time Home Purchase Experience
Replies: 12
Views: 2803

1st Time Home Purchase Experience

We bought our first house! Since this forum has been a great educational resource for me, I thought I would post about our experience so that maybe somebody else could benefit from it or the discussion that might follow. Real Estate Agents/Brokers: I'm just as skeptical of real estate agents as I am...
by Rayandron
Sat Apr 14, 2018 1:29 am
Forum: Personal Consumer Issues
Topic: Most efficient way to find an apartment rental in Washington DC
Replies: 7
Views: 1144

Re: Most efficient way to find an apartment rental in Washington DC

I know the DC area reasonably well, but there are several areas that could be a good fit based on the information you've provided. Key information you might want to share if you want better advice would be your budget (if any), and what "high walkability" means to you and your wife. For me...
by Rayandron
Wed Mar 21, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Possible 1 month of unemployment -- how to maximize time off? (non job related)
Replies: 22
Views: 1997

Re: Possible 1 month of unemployment -- how to maximize time off? (non job related)

Start meeting employers immediately. Recruiters are less desirable to work with in a tight labor market because they put a price on their services (your earnings!) when it is the easiest time in the business cycle to get a job, but working with them can be worth it as long as you don't outsource you...
by Rayandron
Tue Mar 13, 2018 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford house in VHCOL area?
Replies: 17
Views: 2706

Re: Can I afford house in VHCOL area?

Am I missing something? You have $450k that you can use towards a down payment. And another $400k (170+230) of equity in your home, possibly more, that you could apply towards you mortgage as soon as you sell your current home. So you have $850k you can apply pretty much immediately to a $1.3 milli...
by Rayandron
Mon Mar 12, 2018 11:41 pm
Forum: Personal Consumer Issues
Topic: Opening Up Kitchen to Dining Room
Replies: 17
Views: 2376

Re: Opening Up Kitchen to Dining Room

Thanks for the feedback everybody! My responses below... 30-60K depending on the type of firm you choose to do it and how high end the finishes/cabinets/appliances are. This assumes that wall is non-structural. Wow, that's much more than I was expecting. Hope it isn't that much! I am almost certain ...
by Rayandron
Mon Mar 12, 2018 12:51 am
Forum: Personal Consumer Issues
Topic: Opening Up Kitchen to Dining Room
Replies: 17
Views: 2376

Opening Up Kitchen to Dining Room

The post from last week about kitchen features inspired me to finally write this post and seek the wisdom of the BH crowd... We are under contract on a house (yay!). The house is in fantastic condition we're super excited about it, but there is one change we'd like to make: opening up the dining roo...
by Rayandron
Sat Feb 24, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 7704

Re: Value of an Elite MBA

My biggest conclusion from undergrad was that surrounding yourself with and making friends with really smart people has a tremendous positive impact on your life in both financial and non-financial ways. For that reason, even though I did not care for the consulting industry I worked in after underg...
by Rayandron
Sun Feb 18, 2018 10:35 am
Forum: Personal Investments
Topic: Anyone using the Vanguard HSA?
Replies: 5
Views: 859

Re: Anyone using the Vanguard HSA?

To the best of my knowledge, there is no Vanguard HSA at this time.
by Rayandron
Sat Jan 06, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 15020

Re: How much are you putting in a 529?

We are putting $8k/year for our infant with the goal of funding 4 years of flagship public school and some leftover for grad school or grandchildren. As the infant gets older and college costs grow (or stabilize!? We can hope right?) , we will adjust our contributions accordingly.
by Rayandron
Sat Dec 30, 2017 3:12 pm
Forum: Personal Investments
Topic: 3(38) or 3(21) fiduciary requirements for small biz 401k
Replies: 2
Views: 407

Re: 3(38) or 3(21) fiduciary requirements for small biz 401k

I tried to talk my employer into a 3(38) plan at Employee Fiduciary, but the owner elected to go with a 3(21) with Mass Mutual so that he could retain Merrill Lynch as an adviser. I'm not an attorney, but the research I did led me to believe 3(38) is a superior option and that there isn't any logica...
by Rayandron
Thu Dec 28, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Can I Spend On Rent? (Sanity Check)
Replies: 25
Views: 2289

Re: How Much Can I Spend On Rent? (Sanity Check)

There are cheaper options in Jersey City, but this area is particularly safe, provides a nice commute, and the specific apartment has an incredible view of Manhattan and some nice shared amenities (gym/pool/etc.). What do you mean by "nice commute"? I am going to assume you'll be working ...
by Rayandron
Thu Dec 28, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Can I Spend On Rent? (Sanity Check)
Replies: 25
Views: 2289

Re: How Much Can I Spend On Rent? (Sanity Check)

There are cheaper options in Jersey City, but this area is particularly safe, provides a nice commute, and the specific apartment has an incredible view of Manhattan and some nice shared amenities (gym/pool/etc.). What do you mean by "nice commute"? I am going to assume you'll be working ...
by Rayandron
Wed Dec 27, 2017 9:31 am
Forum: Personal Investments
Topic: New 401k Plan Provider: Fund Lineup Selection
Replies: 8
Views: 924

Re: New 401k Plan Provider: Fund Lineup Selection

Yes, it is adequate. The .75% is a shame, but you are still better fair off than a many people at less than 1% all in.. I think the list is adequate. You only need a couple of decent funds and there are several. Congratulations on making some progress! Thanks for the confirmation. Wish I could have...
by Rayandron
Tue Dec 26, 2017 10:12 am
Forum: Personal Investments
Topic: New 401k Plan Provider: Fund Lineup Selection
Replies: 8
Views: 924

Re: New 401k Plan Provider: Fund Lineup Selection

Does the company pay the .75% AUM fee or does the individual pay the .75% fee? A Vanguard Total U.S. Stock Market Index Fund would be a nice addition. bill Individuals pay the fees. Unfortunately VG Total Stock Market Index Fund is not available. VFIAX is the closest thing available and could be au...
by Rayandron
Tue Dec 26, 2017 10:02 am
Forum: Personal Investments
Topic: New 401k Plan Provider: Fund Lineup Selection
Replies: 8
Views: 924

New 401k Plan Provider: Fund Lineup Selection

I have a newish job in management at company with high 7 figure annual revenues (i.e. fairly small business). I have convinced the owner that the 401k fees we're paying are exorbitant (~1.5% AUM annually across all sources), but unfortunately I was unable to convince him to switch to Employee Fiduci...
by Rayandron
Sun Dec 10, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: Silicone Rings
Replies: 12
Views: 2061

Re: Silicone Rings

Got my silicone ring from honor eternity rings. I believe they're thinner than the saferings brand which I liked. I am a big fan of the comfort and safety of silicone rings and wouldn't wear a metal one even if it were free. To me, the hugely reduced price relative to gold, platinum, etc is just an ...
by Rayandron
Sun Nov 05, 2017 11:45 am
Forum: Personal Investments
Topic: Should I Move My Rollover IRA to my 401(k)
Replies: 9
Views: 1287

Re: Should I Move My Rollover IRA to my 401(k)

If your new employer changes providers to a less attractive 401k plan that could put you in a bad spot, but other than that I don't know of any downsides to moving your rollover IRA to your 401k since you've already stated it has good investment options.
by Rayandron
Sun Nov 05, 2017 2:02 am
Forum: Personal Investments
Topic: Backdoor Roth Logistics & # of Custodians
Replies: 4
Views: 692

Re: Backdoor Roth Logistics & # of Custodians

If you have a traditional IRA at Vanguard there is a button right on the account overview "convert to Roth". That part couldn't be easier. (Be careful about your language--this would be a conversion, not a rollover . Language is important with this stuff so that you answer the questions c...
by Rayandron
Sat Nov 04, 2017 7:17 pm
Forum: Personal Investments
Topic: Backdoor Roth Logistics & # of Custodians
Replies: 4
Views: 692

Backdoor Roth Logistics & # of Custodians

I would like to start using the backdoor method to contribute to my Roth account, and wanted to check my understanding of the steps I need to follow to make that happen without triggering a significant tax consequences. I have 3 retirement accounts with Vanguard: 1) Traditional IRA: mid-5 figure bal...
by Rayandron
Wed Aug 23, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Needed Product: Non-health insurance for children?
Replies: 6
Views: 1028

Re: Needed Product: Non-health insurance for children?

Insurance companies will not underwrite policies for which they are unable to measure the risks. There is risk in everything, but you are referring to an unknown risk that could potentially leave them on the hook for a never ending amount, no company will underwrite such a policy that is uneconomic...
by Rayandron
Tue Aug 22, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Needed Product: Non-health insurance for children?
Replies: 6
Views: 1028

Needed Product: Non-health insurance for children?

So, the Wiki says "In general, you should seek insurance when you have a real risk of loss to be avoided, the ability to pay for insurance, but not the ability to self-insure." One thing that has occurred to me given our upcoming parenthood is the risk of loss associated with possible comp...
by Rayandron
Wed Apr 12, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer (a friend)
Replies: 25
Views: 3251

Re: Advice for first time homebuyer (a friend)

I live in this area and am closing on a new construction house (tear down of a 1945 house) that is very nice. Bottom line, these decisions involve risks and tradeoffs. We spent years preparing (income, assets, down payment, credit) and everything is moving smoothly. Our priority requirements were a...
by Rayandron
Tue Nov 15, 2016 2:03 pm
Forum: US Chapters
Topic: Master thread for Washington DC Area Bogleheads
Replies: 211
Views: 85659

Re: Master thread for Washington DC Area Bogleheads

Is there a DC Chapter meeting this Sunday? If so, where?
by Rayandron
Tue Oct 11, 2016 9:02 am
Forum: Personal Investments
Topic: Is my employer's stock purchase plan worth it?
Replies: 27
Views: 6661

Re: Is my employer's stock purchase plan worth it?

Is anybody familiar with Capital One's ESPP? I have read some of the plan details at this public-facing site: https://www.mybewellbenefits.com/microsite/capitalone/stock_purchase_plan.shtml but it doesn't address many of the questions raised here (most crucially the required holding period, but ther...
by Rayandron
Wed Jun 15, 2016 1:09 am
Forum: Personal Consumer Issues
Topic: Uber Car and the real cost of driving
Replies: 71
Views: 11964

Re: Uber Car and the real cost of driving

Self driving cars will increase urban expansion especially "exurbs" and "ruburbs". But therefore they may not reduce traffic congestion. There's a one off benefit to capacity from better driving and fewer accidents (say +30%, 50% even?) and then that's it. As a wider range of pe...
by Rayandron
Wed Jun 15, 2016 12:48 am
Forum: Personal Consumer Issues
Topic: Virtual Reality
Replies: 15
Views: 2319

Re: Virtual Reality

Anybody interested in this topic should read Ready Player One. It is such a visionary portrayal of the future of VR that Spielberg has signed up to do a movie version of the book. There is some justifiable criticism that the book overindulges on the 80s pop culture references, but they didn't bother...
by Rayandron
Tue May 10, 2016 5:12 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda airbag recall?
Replies: 154
Views: 43741

Re: Experience with Honda airbag recall?

2013 Honda Fit owner here. Turned my Honda in to the dealership for a 2015 Ford Focus. Dealer tried to say they couldn't store the vehicle on their lot, but when I asked if they would reimburse me $125/month to rent an extra parking spot in my building they changed their tune. They drove me over to...
by Rayandron
Mon Apr 11, 2016 10:04 am
Forum: Personal Consumer Issues
Topic: Dallas suburbs or Northern Virginia for me?
Replies: 87
Views: 11642

Re: Dallas suburbs or Northern Virginia for me?

Can someone shed light on why Alexandria is not more expensive? I couldn't find anything decent in Rockville, MD and Annandale, VA. Winchester VA and Charlottesville VA feel too far but I'll keep them in mind and perhaps pay a visit when I make a trip out to the DC area. I wouldn't say it's the onl...
by Rayandron
Thu Mar 31, 2016 1:16 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda airbag recall?
Replies: 154
Views: 43741

Re: Experience with Honda airbag recall?

2013 Honda Fit owner here. Turned my Honda in to the dealership for a 2015 Ford Focus. Dealer tried to say they couldn't store the vehicle on their lot, but when I asked if they would reimburse me $125/month to rent an extra parking spot in my building they changed their tune. They drove me over to ...