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SVTPerformance's Chain of Restaurants
Road Side Pub
Finance Question
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<blockquote data-quote="PIPO" data-source="post: 16367154" data-attributes="member: 190852"><p>I just bought a property down in FL. I went conventional with 25% down and a 15 year loan at 3%. Its 2 apartments and I’m converting a detached garage into another apartment. One is already rented and my wife is living the other one. I’ll buy a house using a VA loan before retirement in 6 months and use those 3 apartments as passive income. I’m planning on paying them off a lot sooner than 15. Considering how high property insurance is in FL, I’ll have the option to drop it.</p></blockquote><p></p>
[QUOTE="PIPO, post: 16367154, member: 190852"] I just bought a property down in FL. I went conventional with 25% down and a 15 year loan at 3%. Its 2 apartments and I’m converting a detached garage into another apartment. One is already rented and my wife is living the other one. I’ll buy a house using a VA loan before retirement in 6 months and use those 3 apartments as passive income. I’m planning on paying them off a lot sooner than 15. Considering how high property insurance is in FL, I’ll have the option to drop it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Finance Question
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