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re: Unique financial situation- could a financial advisor help?
Posted on 2/11/15 at 9:28 pm to Tigerfan56
Posted on 2/11/15 at 9:28 pm to Tigerfan56
Where u live? Houses cost money but if u got roommates could be good
Posted on 2/11/15 at 9:40 pm to Chad504boy
I have a friend who did this. He essential ly made mortgage from friends but other key was charged himself rent in his budget and out it toward paying off the house.
The key was that with accelerated payments he built enough equity in the house that he had flexibility if he wanted to move.
Additionally he barebones his budget to ensure he built back up savings which was huge.
Could be very very financially lucrative if you do it. I'd recommend it if you plan on staying in the same location
The key was that with accelerated payments he built enough equity in the house that he had flexibility if he wanted to move.
Additionally he barebones his budget to ensure he built back up savings which was huge.
Could be very very financially lucrative if you do it. I'd recommend it if you plan on staying in the same location
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