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Hello, and welcome to Episode 38 of Retire Me.
On today's episode, I tackle the question: How Do I Finance A Cottage?
This is a common question, especially these days.
There are 3 main approaches that can work:
1) Standalone Mortgage on the Cottage
2) Using a HELOC
3) Refinancing your Primary Residence
I discuss the pros and cons of each approach. Note, this is general advice and you should absolutely speak with a mortgage professional before going forward with any decisions.
Send your questions to [email protected]
Thanks for listening!
Mark
By Mark WalhoutHello, and welcome to Episode 38 of Retire Me.
On today's episode, I tackle the question: How Do I Finance A Cottage?
This is a common question, especially these days.
There are 3 main approaches that can work:
1) Standalone Mortgage on the Cottage
2) Using a HELOC
3) Refinancing your Primary Residence
I discuss the pros and cons of each approach. Note, this is general advice and you should absolutely speak with a mortgage professional before going forward with any decisions.
Send your questions to [email protected]
Thanks for listening!
Mark