James Hancock
asked on
Any solid advice for house buying - finance?
Hi
I'd appreciate some advice on my home buying situation and options.
I already own a home in Bethany Beach Delaware, that I use for VRBO, and do pretty okay.
If I'd like to get a $1100,000 loan from Chase, what should I consider for a top shelf home?
With 600,000 down, At 4%, that makes the monthly $3,050 for the $500,000 interest portion, which I can totally handle for 30 years.
What should I know about getting $600,000 for the principal options? Must I just wait until I accumulate that? Ask Luca Brasi for some assistance?
Thanks
I'd appreciate some advice on my home buying situation and options.
I already own a home in Bethany Beach Delaware, that I use for VRBO, and do pretty okay.
If I'd like to get a $1100,000 loan from Chase, what should I consider for a top shelf home?
With 600,000 down, At 4%, that makes the monthly $3,050 for the $500,000 interest portion, which I can totally handle for 30 years.
What should I know about getting $600,000 for the principal options? Must I just wait until I accumulate that? Ask Luca Brasi for some assistance?
Thanks
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Thanks and good luck creating equity for a new place. I wish you well.
ASKER
Thanks