[quote=SD Realtor]…if you simply count that interest as paying rent then yes, you are not doing badly.[/quote]
SDR, of course I count that as equivalent to rent. I need to live somewhere.. 🙂

[quote=SD Realtor]In order to gain any measure of whether your plan is successful or not we have to know how long you would own the home[/quote]
Maybe. But it’s so difficult to know what might happen. If I had to guess:
~5% chance we’ll be here 30+ years
~15% chance we’ll be here 11-29 years
~40% chance we’ll be here 5-10 years
~40% chance we’ll be here <5 years

so, let's call it ~9 years.

[quote=EconProf]You've been able to do it only in a falling interest rate environment...with rates now leveling off or going up, it will no longer be feasible.[/quote]

EconProf, I'm not sure I follow. Are you saying that I wont be able to refinance and get a ~$6k net lender credit when rates are level or going up? I dont understand why this would be.