Quote:
Originally Posted by Toxigen
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if you dont own multiple properties in your 30s its time to unplug from everquest
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Eh, if I had enough money to put a down payment on a second house I think I’d rather invest in other stuff
I’d have to find renters willing to pay more than the mortgage, which would be hard considering interest rates have gone up and the bank’s second loan would never be as good of a rate as my first (I wouldn’t qualify lol, but this is a hypothetical). So I would have to find a sucker willing to overpay in rent, just to make enough profits to fix the stuff they inevitably break living there. And of course I’d have to keep an eye on it to make sure they aren’t thrashing the place
A lot of work for an investment. If I had like $50k extra, I could think of other stuff to invest in with that I think