#equity

I took 5 percent of a company on sweat equity for a dollar and never paid the dollar.

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I took 5 percent of a company on sweat equity for a dollar and never paid the dollar. I was offered 5 percent of a company because they couldn’t pay me enough for my services so I took it. The owner of the 5 percent wanted out of the company completely so he sold it to me for a dollar we signed the contract etc. The catch is if I decide to sell my shares or we go out of business within a year i have to give him 90 percent of the …

Reddit Personal Finance 1.2k 2024-01-12

Home Equity Loan Advice

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Home Equity Loan Advice Hi everyone, Does anyone have any strong opinions on home equity loans either way? My wife and I have some miscellaneous debt that we would like to consolidate and someone mentioned a home equity loan. Our house is worth about 625k and we owe about 260k on the mortgage. We’d need to take like 50k or so. Thanks I’m advance for any advice subm…

Reddit Personal Finance 941 2023-12-04

Inherited House Equity Question

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Inherited House Equity Question My siblings (3) and I have inherited a large brick house in a beautiful neighborhood. Our father had some cognitive issues toward the end of his life and the house is in bad shape. Needs a new slate roof, no working bathrooms, water damage, etc… I restore and renovate buildings for a living and my father requested that I “fix up” the house aft…

Reddit Personal Finance 548 2023-11-12

Radical Eyes for Equity: The Paradox of Fostering Community Norms in the Classroom in an Era of Indoctrination Histrionics

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Radical Eyes for Equity: The Paradox of Fostering Community Norms in the Classroom in an Era of Indoctrination Histrionics Radical Eyes for Equity: The Paradox of Fostering Community Norms in the Classroom in an Era of Indoctrination Histrionics After 18 years teaching high school English, I transitioned to higher education in 2002. For well over a decade, I have been teaching first-year writing to incoming college students, who in many ways struggle w…

The Best Education Blog 1.4k 2023-11-07

Help me understand how to use home equity as a down payment

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Help me understand how to use home equity as a down payment Hi there. I have about ~$250,000 equity in my home. It is my intent to purchase a larger house in the next year or so (depending on interest rates, etc.). I will sell my current house at that time. How exactly would I go about unlocking the equity to use it for a down payment? Would I get a HELOC or something, which would be paid off at the time…

Reddit Personal Finance 126 2023-10-10

Smartest way to take equity out of home, pay my father back?

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Smartest way to take equity out of home, pay my father back? I’ve spent the last year building a new home, and I was fortunate enough to be able to build in cash. A portion of it was my life savings, and the remainder was a loan from my father. We’re about to move in, the home is in my name and in the eyes of any bank, I owe nothing and the home is conservatively going to appraise in the neighborhood of $…

Reddit Personal Finance 161 2023-10-05

Is this a good strategy for getting out of negativr equity on a car?

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Is this a good strategy for getting out of negativr equity on a car? Let me start off by acknowledging I’m a big fool for my current car situation. Context: Wife and I got into a bad car loan in February which wouldn’t have been too bad except for the fact we found ourselves needing to bump up our house search early due to my daughter’s health situation, and wanting to be closer to our support system. So we had …

Reddit Personal Finance 149 2023-09-13

Radical Eyes for Equity: Critically Reconsidering Teacher Education (and NCTQ’s Shoddy Reports): A Reader

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Radical Eyes for Equity: Critically Reconsidering Teacher Education (and NCTQ’s Shoddy Reports): A Reader Radical Eyes for Equity: Critically Reconsidering Teacher Education (and NCTQ’s Shoddy Reports): A Reader In 2018, a simplistic but compelling story was established: Teachers do not know how to teach children to read (60+% are not proficient readers!) because teacher educators have failed to teach the “science of reading” (SOR) in …

The Best Education Blog 260 2023-08-18

Is a Home Equity loan the best idea?

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Is a Home Equity loan the best idea? Hi PF, I’m using a newly created throwaway. I’m trying to figure out if a home equity loan is the best idea for my wife and I. We are currently on track make $200k/yr together. Monthly, we net $10,200. This is relatively new. I also have the potential for a bi-annual bonus, but that isn’t included. I’ve been in my job for almost a year, and my …

Reddit Personal Finance 209 2023-08-12

how much money at a maximum would be okay if i was to roll over negative equity?

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how much money at a maximum would be okay if i was to roll over negative equity? so i recently brought a 2023 nissan versa sr to replace my totaled 2015 honda civic. i absolutely loved my civic. i brought her with 101k miles and she gave me literally no issues for the several months that i’ve had her. i really wanted another civic but i had an awful experience at a honda dealer and was immediately turned off. i went back to …

Reddit Personal Finance 236 2023-08-08

Radical Eyes for Equity: Mainstream Media Fails Educational Research (Still)

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Radical Eyes for Equity: Mainstream Media Fails Educational Research (Still) Radical Eyes for Equity: Mainstream Media Fails Educational Research (Still) From CNN:   This sounds really compelling; it fits into a cultural narrative that breast feeding is superior to using baby formula. This sounds really compelling until about ten paragraphs in and then: “Though the results are certainly interesting, you ha…

The Best Education Blog 215 2023-08-02

Selling Car with Negative Equity

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Selling Car with Negative Equity Hi. I have a 2015 Corolla S package. 170k miles. 12k still remaining to pay off. 5% interest. My question is. I want to get out this loan. It’s about 256$ a month. I’m guessing the car is worth about 6-8k. Can the current bank agree to sell it and issue me a personal loan for the negative equity? submitted by /u/Top5ive

Reddit Personal Finance 150 2023-07-13