Originally Posted by
Al Czervik
mortgage 3.2%
investments 15-18%
Here it goes...lol
There are valid arguments on both sides of this debate, it really comes down to ORM. Our risk acceptance level is much lower, the only reason we are considering a mortgage on this house is to get wife and kids moved and expecting our current place may sit for as long as a year on the market. Once it sells we will pay off the other house. We *could* pay cash now for this one too but that leaves us with very little margin, $400k+ tied up in houses and most likely two months until I start indoc. No room for hiccups. We are willing to eat the $3k and some interest until we pay it off to avoid being that close to the line on our available cash. We aren't willing to play the market gap long term. Just not for us.
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