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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 1:55 pm to OnTheBrink
Posted on 4/16/13 at 1:55 pm to OnTheBrink
quote:
That to me is the answer then. You should only rent it out if you can afford no one to be in the rental for 6-12 months. Take the hit, move on, and continue to build your emergency fund.
We COULD spend our savings for 8-10 months. It'd be possible, but not ideal.
My wife would kill me then die of a heart attack. She's terrified of renting the house out and insists it would only lead to trouble.
I feel like selling the house and depleting our savings will only lead to trouble.
1
Posted on 4/16/13 at 1:59 pm to townhallsavoy
quote:
It'd be possible, but not ideal.
quote:
She's terrified of renting the house out and insists it would only lead to trouble.
quote:
I feel like selling the house and depleting our savings will only lead to trouble.
Doesn't sound like there is an ideal scenario in this situation. I did learn very early own that when my wife was happy, my life was happy!
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