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 Sba Loan Federal Loan Consolidation



 

 

Ask Noel

My husband bought an investment property in 2003 for $182,000 with a mortgage of $160,000; the property is now worth $330,000. In 2004 we bought a family home for $385,000 with a mortgage of $300,000. The value of our family home is still steady and not increasing like our investment property. We are planning to get a $180,000 business loan within the next two years. Is there any way to get the business loan without selling any of our properties?

Your total equity in the properties is about $255,000, so you will be pushing to get an additional loan of $180,000 from your bankers unless you can show the business you are buying has a very good cash flow. I suggest you pour all your resources into reducing the non-deductible debt on the family home, so you will be in a better position when the time comes to apply for the business loan.


Running for the economic empathizer in chief

Clinton laid out a list of college loan assistance, mortgage relief, heating oil assistance and more. But people who said they would vote for her today focused less on the specifics than on a prospect of a return to the booming economy presided over by her husband in the 1990s.

Obama supporters embraced his message that real economic reform can occur only under the guidance of someone capable of breaking the partisan logjam in Washington.

Fighting for attention, trailing in the polls, Edwards hammered home his message of economic populism, which he has stuck to more than any of the others since the start of the race.

Bill Clinton, running for president in 1992 as a relatively obscure Southern governor, set himself apart with his ability to show empathy to working-class Americans locked in the throes of a recession.


Bragging Rights At Stake In Broncos-Chiefs Tilt

The Chiefs' Herm Edwards is 2-3 against both Shanahan and the Broncos as a head coach, including 1-2 since arriving in K.C.WHEN THE CHIEFS HAVE THE BALLKansas City has fielded one of the NFL's best rushing attacks over the past few years, but the team has failed to establish a strong run game this season even when Johnson's been healthy. The Chiefs average a meager 85.6 yards per week on the ground (29th overall), although Smith (252 rushing yards, 2 TD) has breathed some life into the offense since taking over as the starter. The fifth-round draft choice ran over the Raiders for 150 yards and two scores two weeks ago and followed up with 83 yards on 21 carries against a tough San Diego defense last Sunday. A shaky offensive line has been partly to blame for the Chiefs' rushing struggles and could be without starting tackles Damion McIntosh (knee) and Chris Terry (personal) this week.



 

 

 

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