Bye Bye Banks and Wall Street

[innerSpaceman]

I have a GREAT credit score. What I don't have is a down payment.


Strike that. If I sold my condo, that is completely paid off, I'd have a perfect down payment on a house in West L.A. -- that I'd be paying off for the next 30 years. Oh, except I'm retiring in 20.

[Kevy Baby]

Originally Posted by innerSpaceman

That and it's. I'm always going back and taking out the apostrophe. (There's one in I'm, right?)

Thanks to someone here on LoT (I can't recall who, but I wish I could to thank them again), I use this handy tip:

Always think of "it's" as the contraction of "it is". If "it is" doesn't fit in your usage, it should be "its" (no apostrophe).

Originally Posted by innerSpaceman

Strike that. If I sold my condo, that is completely paid off, I'd have a perfect down payment on a house in West L.A. -- that I'd be paying off for the next 30 years. Oh, except I'm retiring in 20.

What about a 15 year mortgage? You significantly reduced your cost of money (vs a 30-year loan). Unless you buy a mansion that costs four times what you get for your condo, your monthlies should be relatively painless.

[Ghoulish Delight]

Originally Posted by Kevy Baby

your monthlies should be relatively painless.

And if they aren't painless, there's always naproxen.