Thread: Jumbo loan?
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911Rob 911Rob is offline
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Join Date: Nov 2003
Location: Shuswap Lake, BC
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something like that I'd say pay cash or dont do?
350K mortgage isn't big enough?

I work with mortgages all the time, so I'm not pointing any fingers here; but when I borrow that kinda cash with payments, it better be making me money! The last time I borrowed $200K from the bank, I invested it for a couple years and more than doubled my money..... paid back the $200K and earned $500K profit.

I'm renovating a 3800 sqft home right now....... 100% new flooring, new trims, baseboards, all new paint including ceilings, new appliances, new counters, new plumbing fixtures, yadda yadda...... "cash".

two canadian cents worth, hope it works out for you.
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Old 05-07-2009, 11:12 AM
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