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Treating a mortgage payment as "money I'm lighting on fire" is the safe way to do it if the mortgage is on an asset that you can't liquidate in order to get acc
by throwaway0a5e 4y ago
Treating a mortgage payment as "money I'm lighting on fire" is the safe way to do it if the mortgage is on an asset that you can't liquidate in order to get access to the equity (because you're living in it).
- Der_Einzige 4y agoYeah you can. Boomers who hate their children do it all the time, it's called a reverse mortgage. You stay in the house until you die, then the bank takes it.