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When are mortgages good...

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    When are mortgages good...

    Very few people can grow financially without taking risks. Investment risk management is an art, not an action to be taken lightly. Mortgages are inherently a risk of current and future income.

    Yes, I believe young home buyers should mortgage their home if that is the only way they can buy one.

    Yes, I believe anyone should mortgage short term investment property. (1-5 yrs).

    Yes, I believe anyone should mortgage short term "multiple" investment properties at the same time. They should actively be looking to sell those properties soon after they buy it but only at a decent short term profit.

    Can you think of more?
    Last edited by BOB W; 07-08-2005, 04:41 PM.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.
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