5 ms·
Summary is: It's really dumb that you have to take a regular "job" for a couple of months to buy a house. And I agree.
by mesozoic 13y ago
Summary is: It's really dumb that you have to take a regular "job" for a couple of months to buy a house.
And I agree.
- storborg 13y agoNot to buy a primary residence: to buy a (5th) investment property with bank financing. This is noted in the first few paragraphs of the article.
- jonknee 13y agoNot to do any of that actually, it would be to take equity out of a property that is owned free and clear (just like all the other properties owned by the author): > I own four properties free and clear. I have no debt. > Not just any mortgage, but a cash-out refinance of less than six figures on a foreclosure I bought for cash, rehabbed and turned back on the market as a rental.