Re: buying real estate
[ QUOTE ]
OK.
Another question.
Say I have a loan for $200K. Have a good year of poker and decide to pay back $100K of the loan. How does this effect my mortgage payments? Would they just get halved?
[/ QUOTE ]
I think this came up when KungFu dood wanted to pay off his parents mortgage.
The general feeling if I am correct is that he should just invest the cash and pay off the mortgage at it's normal pace.
|