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
#430: D is worried that she’s going to suffer from her parents’ poor financial choices. Is it time to confront them about it?
An anonymous caller and her fiance both own a house. Which one do they move into after the wedding?
In a world of rising inflation, Nick wants to know if it’s time to change the way he saves for his future.
Another anonymous caller wants to buy a second home within a decade. How does she start planning now?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode430
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