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Ask Paula: My Parents Are Drowning In Credit Card Debt. What Should I Do?

Afford Anything

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Koki Roberts - A Great Political Commentator

In honor of Koki Roberts, Paula and Joe take the call. Anonymous: I bought my house in 2021 for 172,000 and interest rate of 1.375 with mortgage payment of $755. Joe: If you were to pay off that $25,000 lean, would that then free you up to keep this as a rental property and keep that same interest rate phrased another way?Paula: She was not just a journalist but a political commentator and political commentator in a time when there weren't women sitting at that table.Joe: But if that's the case, then it could be well worth paying that $25k fee to be able to convert that into a rental property

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