I just got back from the mortgage broker... she told me some great news... that buying a rental property would be excellent since they will take consideration of a rental property income into your income to offset the mortgage liability.
YMMV but that's where I'm moving my free 20k...I'll have a nice monthly positive cashflow.
__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
|