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re: Better to spend all of savings and be debt free or full of debt with lots of...
Posted on 4/16/13 at 1:39 pm to OnTheBrink
Posted on 4/16/13 at 1:39 pm to OnTheBrink
quote:
you will NOT be debt free upon the purchase of another house.
Yeah my thinking also. You'll be in debt in either scenario so choose the one that won't make you cash-poor.
1
Posted on 4/16/13 at 1:48 pm to ZereauxSum
quote:
Yeah my thinking also. You'll be in debt in either scenario so choose the one that won't make you cash-poor.
The fear is that I have two mortgages and have to rely on renters to not go bankrupt.
If I get shat on by my renters and then can't fill the house with people, we couldn't afford two mortgages for very long.
This post was edited on 4/16/13 at 1:53 pm
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