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Jul 24, 2014
9:03
:58
pm
WDaddy
Why not hold on to it and make it an income property. Don't ever sell it.
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WDaddy
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WeddlesDaddy
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WDaddy
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Jan 10, 2007
Last login
May 11, 2024
Total posts
66,588 (24,798 FO)
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Messages
Author
Time
CB experts, advise me. I was looking at Zillow and if I sell my house for what
buhlcougar
7/24/14 8:07pm
Where will you live if you sell it?
Triznaynay
7/24/14 8:11pm
BIL's basement
BIG XII Coug
7/24/14 8:11pm
but only if the wifi is available once a day.
WJCougar
7/24/14 8:24pm
We would rent.
buhlcougar
7/24/14 8:12pm
Not smart
Jersey hunter
7/24/14 9:45pm
Do you plan on living in the same area long term?
ChubbyChaser
7/24/14 8:17pm
The future is uncertain right now with my company currently being acquired.
buhlcougar
7/24/14 8:47pm
Why not hold on to it and make it an income property. Don't ever sell it.
WDaddy
7/24/14 9:03pm
Might make sense if the return on the capital is better than the savings
Jersey hunter
7/24/14 9:44pm
His interest savings on the student loans likely will not be enough
ChubbyChaser
7/24/14 10:15pm
<< Deleted >>
WDaddy
7/24/14 8:24pm
never pay down a fixed low interest loan when you expect inflation in the future
charles
7/24/14 8:42pm
It's rarely a bad idea to retire debt regardless of the change in inflation
Jersey hunter
7/24/14 9:39pm
Consider borrowing $10M at 0% fixed for 30yrs with 5% inflation. ???
charles
7/24/14 9:53pm
Why?
Jersey hunter
7/24/14 10:04pm
To make a ton of money
charles
7/24/14 11:04pm
But in this case he's swapping home debt to pay for school debt
unctoothman
7/24/14 10:02pm
I read he's swapping home equity for debt
Jersey hunter
7/24/14 10:09pm
Or if the home appraises for enough, refi for the remaining amount owed + his
unctoothman
7/25/14 10:30am
First, determine if Zillow is in the ballpark. Often they're WAY off. You can't
BYUFBDAD
7/24/14 9:17pm
It's only worth what ppl are willing to pay
GA_Coug
7/24/14 9:21pm
No, my baseball card collection is worth $478,325.23 total
Zach Morris
7/24/14 9:41pm
Just downsize your home and apply savings to debt to pay it off faster
Jersey hunter
7/24/14 9:35pm
you could see a major housing correction within
TXSmith
7/24/14 9:57pm
don't you hate typing on your iphone? I make the exact same mistakes haha
kotacoug
7/24/14 10:49pm
Are you seriously relying on Zillow's valuation? Bad idea.
Real Men Wear Blue
7/24/14 10:33pm
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