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Rick Lee Rick Lee is online now
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Join Date: Jul 2001
Location: Cave Creek, AZ USA
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Bob, as I said, you can still make principle payments with an interest only loan. You know that. And since I put 20% down on my current house and it has appreciated nicely, I have plenty of equity. So my mortgage and property tax payments sure feel a lot better to me than paying rent did. At least I can write it all off as a homeowner and couldn't write a dime of it off as a renter.
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Old 03-16-2007, 11:25 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #20 (permalink)