With the market the way it is, I would really like to get in on buying a new home… I would rent the home I own now, but would have to pay a difference of about 1,000 to my mortgage. My home is under my name, but would buy 2nd home under wife’s name. we both have income.
Tempting, isn’t it? The market is a buyer’s market and mortage rates are historically low, but this wannabe buyer is already in trouble with an upside-down mortgage.
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