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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/me-and-my-wife-currently-have-a-2-family-house-in-30941199.aspx

Subject:  Re: Buying Retirement PLace in Fl Date:  10/25/2013  9:17 AM
Author:  reallyalldone Number:  126481 of 127815

Me and my wife currently have a 2 family house in which we owe about $350k and no equity.....but our debit is a little high.

And 2 leased cars.

First you need a financial plan - have you at least done your goals together ? How the emergency fund ?

On second homes or investment properties, the mortgage requirements are usually more stringent.
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