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raptorduck
ParticipantIf I win the debate with my wife on “fixer upper” vs. “turn key” new, we will end up with a fixer upper. My plan for our finalists in that category is a remodel over 5 years. Why, because I will be paying cash for the remodel. The last thing I want to do is put 30% down and then eat away at it in a falling market with a HELOC. We will stage the remodel and use cash for the entire thing.
Mind you, however, I am not above using deferred cash options, such as no interest financing. I did that with the recent remodel of my current home. When the 0% interest term came up for expiration I paid the balance in full and got a 0% interest loan for 12 months paid with cash I put into a CD for that purpose. You pay for current benefit with future money or current money that gets a bit above inflation ROI.
ParticipantIf I win the debate with my wife on “fixer upper” vs. “turn key” new, we will end up with a fixer upper. My plan for our finalists in that category is a remodel over 5 years. Why, because I will be paying cash for the remodel. The last thing I want to do is put 30% down and then eat away at it in a falling market with a HELOC. We will stage the remodel and use cash for the entire thing.
Mind you, however, I am not above using deferred cash options, such as no interest financing. I did that with the recent remodel of my current home. When the 0% interest term came up for expiration I paid the balance in full and got a 0% interest loan for 12 months paid with cash I put into a CD for that purpose. You pay for current benefit with future money or current money that gets a bit above inflation ROI.
ParticipantIf I win the debate with my wife on “fixer upper” vs. “turn key” new, we will end up with a fixer upper. My plan for our finalists in that category is a remodel over 5 years. Why, because I will be paying cash for the remodel. The last thing I want to do is put 30% down and then eat away at it in a falling market with a HELOC. We will stage the remodel and use cash for the entire thing.
Mind you, however, I am not above using deferred cash options, such as no interest financing. I did that with the recent remodel of my current home. When the 0% interest term came up for expiration I paid the balance in full and got a 0% interest loan for 12 months paid with cash I put into a CD for that purpose. You pay for current benefit with future money or current money that gets a bit above inflation ROI.
ParticipantIf I win the debate with my wife on “fixer upper” vs. “turn key” new, we will end up with a fixer upper. My plan for our finalists in that category is a remodel over 5 years. Why, because I will be paying cash for the remodel. The last thing I want to do is put 30% down and then eat away at it in a falling market with a HELOC. We will stage the remodel and use cash for the entire thing.
Mind you, however, I am not above using deferred cash options, such as no interest financing. I did that with the recent remodel of my current home. When the 0% interest term came up for expiration I paid the balance in full and got a 0% interest loan for 12 months paid with cash I put into a CD for that purpose. You pay for current benefit with future money or current money that gets a bit above inflation ROI.
Participantvagabondo. That is so true. It is indeed very odd. Could not be more different. I went after a house in FBR that backed up to Santaluz and then could see it from homes I toured in Santaluz. I like FBR better, but that whole Tuscan landscape thing really appeals to me too.
Participantvagabondo. That is so true. It is indeed very odd. Could not be more different. I went after a house in FBR that backed up to Santaluz and then could see it from homes I toured in Santaluz. I like FBR better, but that whole Tuscan landscape thing really appeals to me too.
Participantvagabondo. That is so true. It is indeed very odd. Could not be more different. I went after a house in FBR that backed up to Santaluz and then could see it from homes I toured in Santaluz. I like FBR better, but that whole Tuscan landscape thing really appeals to me too.
Participantvagabondo. That is so true. It is indeed very odd. Could not be more different. I went after a house in FBR that backed up to Santaluz and then could see it from homes I toured in Santaluz. I like FBR better, but that whole Tuscan landscape thing really appeals to me too.
Participantvagabondo. That is so true. It is indeed very odd. Could not be more different. I went after a house in FBR that backed up to Santaluz and then could see it from homes I toured in Santaluz. I like FBR better, but that whole Tuscan landscape thing really appeals to me too.
ParticipantMost excellent! Thanks svelte.
ParticipantMost excellent! Thanks svelte.
ParticipantMost excellent! Thanks svelte.
ParticipantMost excellent! Thanks svelte.
ParticipantMost excellent! Thanks svelte.
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