Thank you all for all the wonderful advice. And thanks to Obi for notifying me that people had responded to this.I didn't quite understand all of the posts as I'm new to this. It took me a while to piece together what PI was. Principle and Interest I take it. I am actually located in Boston where purchasing a home for one is almost a complete ripoff. When I buy, I'd like to get a 3 bedroom place or so to offset some of the mortgage costs. I'm pretty used to getting tenants so I understand the hazards there.Given my area and the high housing prices, does it make sense to go in with a small down payment? Personally, if I'll be renting out, it seems to make a ton of sense. I just didn't know people made loans with such small DP's, like say 10% or less.The housing market right now is in a downward trend. Demand has shored up and prices are taking a while to adjust. Houses are sitting on the market for well over 90 days it seems.I have an income of about $42k and I live WELL below my means. I save a ton of money. I don't live on PBJ, but I find my deals and spend in short bursts when I have to.Point taken about stocks. In my mind I knew that bear markets, or pricing in general can take 5+ year downswings but somehow it just never entered my head as to my own situation. I'm itching buy more of ZIPR but um, that's probably not a good idea. I don't know, I'll have to think about that one considering my goals.I wonder if one of you all could spell out some of those acronyms?Thanks so much!Jamz
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