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12-06-2006, 04:34 PM
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Join Date: Feb 2003
Location: Parts unknown.
Posts: 4,081
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Awesome job, HM. I think lookout's suggestion is a very good one. Typically, you have to pay mortgage tax on the amount of the credit line at closing as though you were taking out the entire amount. I'd bite the bullet and get a line for as much as you can. Nothing like tax-free debt.
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