Financing?

[Pete Masterson]

If you are a home owner (and have some equity) you may be able to use
an equity credit line or simply refinance your home with a cash out
option (although that can generate some considerable interest expense
as you're financing a depreciating asset with a 30 year loan). There
are some tax aspects to consider as well, as home-interest (as in a
refinance) is generally deductible while a vehicle or credit union
loan is not deductible.

A smaller bank may be willing to finance a 'bird if you have other
assets (e.g. stocks, certificates of deposit) to pledge to make the
loan to value ratio more attractive.

Pete Masterson
aeonix1@...
'95 Bluebird Wanderlodge WBDA 42'
El Sobrante, CA




On Oct 23, 2006, at 4:22 PM, Scott Forman wrote:

> Anyone ever find any "outside the box" folks who will finance the
> older
> BB's? In most cases a 15-20 yr old BB is a better bet than a 10-year
> old plastic unit, yet no one will finance the old 'Birds. I'd love to
> upgrade, but can't do it out of pocket.
>
> Scott Forman
> 82 FC35RB
> Memphis



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