I have a friend who is extremely fearful of purchasing a home, even though he’s gainfully well-employed. He keeps hearing from his friends and family about how they are underwater on their mortgages, how they can’t make ends meet, and how it’s all because of the bad loan they got to purchase their home. What…
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So you have an investment property you purchased for next-to-nothing and it’s appreciated to two- or three- times your initial investment. But back then when you were just starting out, you could barely afford the price tag, so you borrowed a big chunk because you were certain it was a sure thing. Or maybe you…
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