“Who would I talk to for details about this/advice if it works with my current

Dec 14, 2024
12:11:32pm

Powerbait DPM All-American

financial state?”

I answered a question. I just think he should talk to someone with a fiduciary responsibility for him, not the bank. In the end, he should talk to both.

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Powerbait DPM

Previous username: Powerbait DPM studnt
Bio page: Powerbait DPM
Joined: May 29, 2015
Last login: Dec 14, 2024
Total posts: 8,902 (7 FO)

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Messages

Author

Time

Thinking about moving to be closer to work, not sure I want to sell my house.

NGB

12:01pm

Yes

mulletino

12:03pm

Probably a CPA. A mortgage lender’s job is to make sure you’ll be able to make

Powerbait DPM

12:04pm

Are you calling him a moron essentially?

mulletino

12:05pm

“Who would I talk to for details about this/advice if it works with my current

Powerbait DPM

12:11pm

Depends on many factors. I’d ask my accountant and financial advisor. Renting

wildwilderness

12:09pm

Sure, it is just like any other investment, but unlike most investments you may

RoboKayne

12:22pm

This is the main reason I want to keep the house

NGB

12:29pm

Smart. I’ve done the same many times over. I think you’re on the right track.

mulletino

12:40pm

can you make both payment if house not rented? Don't forget renters insurance an

qwerew

12:19pm

One reason not to do this.

Acorn

1:29pm

That’s a good point. On top of that, rentals get torn apart. We are currently

Powerbait DPM

1:39pm

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