Started By
Message

re: Unique financial situation- could a financial advisor help?

Posted on 2/11/15 at 9:40 pm to
Posted by GenesChin
The Promise Land
Member since Feb 2012
37708 posts
Posted on 2/11/15 at 9:40 pm to
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
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram