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Topics1,056,598
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Most Online39,925 Dec 30th, 2023
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Would you
#13216903
07/16/19 11:25 PM
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Joined: Sep 2018
Posts: 2,659
Flyfisherman
OP
Mama's Boy
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OP
Mama's Boy
Joined: Sep 2018
Posts: 2,659 |
Pay 100% cash for a house? (Assuming you had enough liquidity to do so)
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Re: Would you
[Re: Flyfisherman]
#13216905
07/16/19 11:27 PM
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Joined: Aug 2006
Posts: 12,052
lakeforkfisherman
Elliptical Mechanic
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Elliptical Mechanic
Joined: Aug 2006
Posts: 12,052 |
Yep. In a heartbeat. On the other hand, Debt can be a good thing, and real estate is a good place for productive debt.
LET’S GO BRANDON!!!
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Re: Would you
[Re: Flyfisherman]
#13216910
07/16/19 11:31 PM
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Joined: May 2007
Posts: 44,910
WAWI
TFF Guru
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TFF Guru
Joined: May 2007
Posts: 44,910 |
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Re: Would you
[Re: Flyfisherman]
#13216917
07/16/19 11:37 PM
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Joined: Jun 2006
Posts: 4,490
Canino
TFF Team Angler
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TFF Team Angler
Joined: Jun 2006
Posts: 4,490 |
Depends on the interest rate I can get.
It could be very well worth not paying cash for a house if the money can be invested elsewhere earning a higher interest rate than the mortgage rate.
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Re: Would you
[Re: Canino]
#13216923
07/16/19 11:44 PM
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Joined: Sep 2018
Posts: 2,659
Flyfisherman
OP
Mama's Boy
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OP
Mama's Boy
Joined: Sep 2018
Posts: 2,659 |
Depends on the interest rate I can get.
It could be very well worth not paying cash for a house if the money can be invested elsewhere earning a higher interest rate than the mortgage rate. I would go long on $DIS with the money.
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Re: Would you
[Re: Flyfisherman]
#13216931
07/16/19 11:50 PM
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Joined: Jan 2006
Posts: 33,047
Scagnetti
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 33,047 |
Yes and I have done it when the stock market was going through one of its floundering times
No substitute for having a low monthly nut to cover, i.e., no vehicle payment, no house payment, etc
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Re: Would you
[Re: Flyfisherman]
#13216939
07/16/19 11:56 PM
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Joined: Oct 2006
Posts: 104,018
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 104,018 |
Yes, but not on that lake.
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Re: Would you
[Re: Westside.]
#13216942
07/16/19 11:57 PM
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Joined: Oct 2012
Posts: 9,446
SgtDag
TFF Celebrity
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TFF Celebrity
Joined: Oct 2012
Posts: 9,446 |
"If you're going through hell keep going." Winston Churchill I open mouth kiss my sisters
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Re: Would you
[Re: Flyfisherman]
#13216947
07/16/19 11:59 PM
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Joined: May 2010
Posts: 3,067
bill oxner
TFF Team Angler
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TFF Team Angler
Joined: May 2010
Posts: 3,067 |
The birds and the guides follow mr out
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Re: Would you
[Re: Flyfisherman]
#13216949
07/17/19 12:00 AM
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Joined: Feb 2008
Posts: 24,707
Bass Bug
TFF Guru
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TFF Guru
Joined: Feb 2008
Posts: 24,707 |
every time I pay in full for a house I use 100% cash
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Re: Would you
[Re: elcoyote, esq.]
#13216952
07/17/19 12:02 AM
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Joined: Oct 2005
Posts: 86,126
John175☮
MACHO MAN
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MACHO MAN
Joined: Oct 2005
Posts: 86,126 |
Trump won three times
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Re: Would you
[Re: Canino]
#13216955
07/17/19 12:03 AM
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Joined: Mar 2014
Posts: 30,541
Duck_Hunter
house cleaner
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house cleaner
Joined: Mar 2014
Posts: 30,541 |
Depends on the interest rate I can get.
It could be very well worth not paying cash for a house if the money can be invested elsewhere earning a higher interest rate than the mortgage rate. Good points and I agree. I also would love to own my house outright (Im sure I could figure out how to come up with a few grand a year for property tax and insurance). I would love to pay cash for a house, but my friend is in finance and he always says it depends.
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Re: Would you
[Re: Flyfisherman]
#13216967
07/17/19 12:18 AM
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Joined: Sep 2008
Posts: 121,182
hopalong
Pescador Loco
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Pescador Loco
Joined: Sep 2008
Posts: 121,182 |
place it in an llc if you pay cash, don't want it directly in your name.
" Hop, set the hook"! hopalong 99,999 TexDawg 99,999 FJB! not my president by a long shot!
lake fork FISHERMANS COVE MARINA/reservations - 903 474 7479
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