View Single Post
  #2 (permalink)  
Old 04-13-2007, 03:13 PM
hotwired hotwired is offline
Member
 
Join Date: Nov 2006
Posts: 96
hotwired is on a distinguished road
Default response ...

I know you said you didn't want the mortgage, so maybe this is moot, but have you done the numbers on getting a conventional, say, 15-30 year mortgage, renting it out then selling it when you retire? Obviously you need to be able to absorb any "negative" cash flow during that time, but realestate has a way of rewarding it's owners over the long haul ....
__________________
Ken LaVoie
Winslow, Maine

Creator of Lawn Guru - Lawn Care success eBook and Program.
Reply With Quote