ST Alpha - "To own a beach house, with instant equity and huge resale potential. -- nm" (Reading a Post)

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In response to "to what end? -- nm" by znufrii

To own a beach house, with instant equity and huge resale potential. -- nm

Posted by nubby Jul 1 '09, 13:33

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Responses:

Depends on job stability, but I would think so. -- nm - Spawn Jul 1, 13:36
primary residence? I'd say yes. -- nm - znufrii Jul 1, 13:35
What happened? Thought you had things settled up front already? -- nm - Will Hunting Jul 1, 13:34 19
- It's a complicated situation. - nubby Jul 1, 13:36 18
  - what's your plan if something bad happens? -- nm - loosilu Jul 1, 13:42 7
    - I have a safety net. (nm) - nubby Jul 1, 13:45 1
      - so it's not really P2P. -- nm - loosilu Jul 1, 13:47
    - perhaps he needs to start a secret program where his students provide him with meals - tRuMaN Jul 1, 13:43 4
      - I'm just saying, if you go into the deal stretched to the max, you are totally effed if anything should happen. -- nm - loosilu Jul 1, 13:44 3
        
        Exactly. - nubby Jul 1, 13:55 1
        
        I would not do it. I spent too many years on the financial edge. never again. -- nm - loosilu Jul 1, 13:57
        
        oh I understand what you are saying - tRuMaN Jul 1, 13:47
  - aww, so the bank is making it cost more than you thought? - tRuMaN Jul 1, 13:37 2
    - Yeah, I've got all the numbers, I just have to decide if I want to do it. -- nm - nubby Jul 1, 13:38 1
      - tough call really. - tRuMaN Jul 1, 13:41
  - If you think the place has value in the short-term, I say go for it. - Will Hunting Jul 1, 13:37 6
    - You should see my spreadsheet. It's fabulous. -- nm - nubby Jul 1, 13:38 5
      - but does it include vegas 2010? -- nm - tRuMaN Jul 1, 13:40 4
        
        [deleted] 3
        
        dont forget the "nubby house drinking tax" of up to $0.25 per litre of liquor consumed while staying at the nubby house. -- nm - tRuMaN Jul 1, 13:42 2
        
        .35 -- nm - Remlik Jul 1, 13:44
        
        [deleted]

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To own a beach house, with instant equity and huge resale potential. -- nm

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