Ask Paula: Use One Debt to Pay Off Another?

Published: Oct. 18, 2023, 10:41 p.m.

#467: Should Knoxville use a higher-interest Home Equity Loan (HELOC) to pay off a lower-interest 401k loan?\nJoelle\u2019s tenant is interested in a rent-to-own agreement. Is this a good idea from a landlord\u2019s perspective?\nA recent wildfire shifted Sharon\u2019s house into a flood zone. Should she sell before FEMA redraws the map and it becomes official?\nFormer financial planner Joe Saul-Sehy and I tackle these three questions in today\u2019s episode.\nEnjoy!\nP.S. Got a question? Leave it here.\nFor more information, visit the show notes at https://affordanything.com/episode467\nLearn more about your ad choices. Visit podcastchoices.com/adchoices