Quote:
Originally Posted by blkgsr
got it thanks guys. reading about it now.
the key part is the type of mortgage, I don't believe i have the HELOC option on mine so i'll have to discuss with my broker.
i'm assuming you guys knew about the smith manuever before you got your mortgages?
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You do not need a HELOC, but do need the ability to do a new mortgage. An ideal time to do this is at renewal.
Quote:
Originally Posted by donk.
Smith maneuver is all fun and games until 99 or 07 hit
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All you need to do is nothing and it will sort itself out over time.
-Mark