6 Ways to Finance Your Home Improvement Project
Charles Sachs, chief investment officer of Kaufman Rossin Wealth, was interviewed by Caylee Doiron to discuss the various ways to finance your home improvement project.
Article Excerpt: “Because a cash-out refi involves revising your mortgage, do it when rates are low, says Charles Sachs, director of financial planning at Kaufman Rossin, a financial services firm in Miami. You’ll recoup more of those costs over the life of the loan if you stay in the home long-term, Sachs says. He recommends seven or more years as a general rule.”
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Charles Sachs, CFA, CFP®, is a Chief Investment Officer at Kaufman Rossin Wealth, LLC, a Registered Investment Adviser.