That's equivalent to a 10% interest rate on that additional cash.In this case, try to access that equity without refinancing the original loan, you'll likely get a better overall interest rate.

So, assuming a steady savings rate, it is equivalent to only $20k for a full year, which is a 3.875% rate of return, again much better than a 0% savings account that is the likely alternative.

Typically these degrees have great scholarship options (you can often get tutition remission) and will also develop the practical ability of interpreting contemporary trends and movements in the economy - some university faculty will even work with you to help you explore your particular interest (ie, real estate).MBA degrees will just have you do pointless group projects and case studies and you will pay the equivalent of a mortgage for it (but with no house!).

Perhaps a mortgage in Beverly Hill amortized over 30 years in a Beverly Hills equivalent is not a smart move, but elsewhere, it may be a fine idea.

I think these units are probably more equivalent to a cabin than a condo or hotel/motel room.

If you buy in an LLC, conventional loans aren’t available for you, you’d have to buy as a DSCR loan or equivalent.

For example, we’d be open to terms stating that:Three months notice is required to terminate, andWe additionally would forfeit our security deposit (which is equivalent to 1.5 months rent)These are just example terms: We are absolutely open to negotiating terms that we can all agree on as fair.I’d like to emphasize that we do not yet have a house bought, and this entire discussion is hypothetical.

While that is possible, I believe that this bet is the equivalent of balancing a knife with the economy for the entire year.

Not having a proper realistic exit plan is equivalent to giving your future self the middle finger!

So for 30 years I basically have the equivalent of an extra mortgage payment each month; yes WE those of us who took out student loans need extra income streams.