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Personal Finances / Buying or Selling a Home


Subject:  Re: Q about closing date & owner moving out Date:  6/10/2013  11:31 PM
Author:  vkg Number:  125526 of 129543

Another quick example: a couple years ago (during the last 50% S&P500 drawdown) I know someone who bought a $230,000 condo for $140,000 because he could write a check on his IUL. That’s a 65% return on his cash--before you even consider the cashflow yield from rents, which was over 8% before the rent markets began increasing! Does this get added to the yield of an IUL? It should--that's where the money came from!

How is this different than putting the mutual funds/ETF in a margin account, and borrowing against it?
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