I thought once somebody made it to safety, they were supposed to help those left behind.
Put your own mask on first, then help others.
Originally Posted by 68Charger
This was also one of my reasons for relocating to TX... sold house in Penrose for about $420k, bought property with 3 houses for $296k, after applying equity and spending money to renovate one of the homes, my mortgage will be down to $80k. Keep making higher payments like its still a $280k loan, and it will be gone quick... after renovating one of the houses, I can rent it out for $800-1000 per month... or just get $100-120 per night on First Monday weekend... even more if we setup as BnB. I'm even going to diversify by investing in cattle (partially for ag property tax break).
That's smart. $80K in debt, land with livestock, and opportunity to cash flow on some of that property. Sounds great to me!