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Dec 14, 2024
12:11
:32
pm
Powerbait DPM
All-American
“Who would I talk to for details about this/advice if it works with my current
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
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Powerbait DPM studnt
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Powerbait DPM
Joined
May 29, 2015
Last login
Dec 14, 2024
Total posts
8,900 (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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