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RE: Right. I chose to pay cash for my rental houses.

Posted on: January 23, 2019 at 21:29:01 CT

MUTGR MU

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M.O.B. Votes:

Good for you GAT. We carry no debt either except for the mortgage on our principle residence, which at least on paper has a lot of equity since we bought 20 years ago in an area that has shot up in value.

The debt so many people carry these days astounds me.

Please explain why this message is being reported.

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MESSAGE THREAD

just saw the positive impact of this change - 90Tiger MU - 1/23 18:37:17

RE: just saw the positive impact of this change - MUTGR MU - 1/23 21:25:53

Several years ago I refied, to 2.625%. At least 85% of - GA Tiger MU - 1/23 18:54:35

So you're 92 and don't own your home. - Newcatbirdseat MU - 1/23 20:14:51

Right. I chose to pay cash for my rental houses. - GA Tiger MU - 1/23 20:58:00

RE: Right. I chose to pay cash for my rental houses. - MUTGR MU - 1/23 21:29:01

Debt is good at times like when the borrowed money - TigerMatt STL - 1/23 21:50:01

Yes, I understand the TMV of money since I was a finance - MUTGR MU - 1/23 22:00:19

RE: Several years ago I refied, to 2.625%. At least 85% of - tigerdb MU - 1/23 19:11:05

If he can earn more than the interest charges on the money - tman MU - 1/24 07:57:58

Nope. Just wised up and got a 15 yr. (nm) - GA Tiger MU - 1/23 20:13:50