I just don't want to put more cash into it

来源: rabcow 2010-08-31 16:56:23 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (556 bytes)
回答: Do you have extra cash?凌长老2010-08-31 16:42:53
Thanks 凌长老.
I have put more than 25% down when purchasing. The loan has been paid for three years. Initial loan APR is 5.875 back in 2007.

Since dramatic drop in house valve, I would rather reserve more cash buying rental property (already have one), may buy another one if thers is a good deal.

In addition, I don't feel comfortable to put more cash on this property. If the home value continue dropping another 20%, I may walk away. But I hope not, since it has already dropped more thn 40%.

Thanks a lot.



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回复:I just don't want to put more cash into it -凌长老- 给 凌长老 发送悄悄话 凌长老 的博客首页 (257 bytes) () 08/31/2010 postreply 17:21:23

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