Cj R asked:


Im looking for a $50,000 loan to pay off a 2nd mortgage with a high interest rate (13%). With the economy the way it is, its almost impossible to use a bank. Ive checked with several and had no luck. Iv’e heard of people writing contracts and conducting loans that way. Any suggestions would help. Thanks!

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gabyrig asked:


If you get a conventional mortgage, your interest is tax deductible. If I take out a personal loan to buy my primary residence, can I deduct interest from that personal loan when I file my taxes?

Thanks.

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