[quote=jpinpb]
Yeah. The only thing that’s stopping me from doing it now is you actually have to qualify to buy that McMansion.[/quote]
Yea I was going to say that, anyway, one other point is that say after living the high life a few years or more (depending on your lawyers maybe), you may be able to save enough for a 50% down on a place you should have bought in the first place, good credit or no that would probably get you in.
As long as it was just the purchase loan that is, refi’s don’t get to play that game.
