Guess no home for me until I turn 30. I fell for the student loan jew too. Le sigh.
Is paying mortgage better than paying rent in every situation?
Anthony Cooper
Matthew Green
you can take a 30 year mortgage and just make more than the minimum payment each month to close it out in 15 or less years
Nicholas Ross
Bad advice. Do the 15 year so it forces you to pay it down.
Mason Barnes
this is not true. Interest rates are so low now and you can lock them in, you cant lock in the rate of the market.
How can you definitively say A homes appreciation will be offset by its MX and prop tax. Depending on where you live tax could be extremely cheap and if you can do general up keep around the house you wont have to shell out for a certified professional. The only big thing is roofs, but those are good for 20-30 years depending on where you live. You can refinance and free up money or even borrow against the loan to get cash if you need it. Look at the market now, 20 Mil out of work and its still bullish! You going to go all in now, put your money where your mouth is and take out a max personal loan and go all in on the maket and lets see who wins in 5 years