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Brown Cafe UPS Forum
UPS Discussions
Is your UPS check enough? Are you making it?
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<blockquote data-quote="BadIdeaGuy" data-source="post: 5698489" data-attributes="member: 73381"><p>Problem is the amortization schedule isn't in your favor.</p><p></p><p>If you borrow 500K at todays rates, you're paying close to 40K a year in interest, and only accruing about 5K a year in equity.</p><p></p><p>Unless you have reason to believe your property is going to appreciate in value by 8%+ annually, I just don't see it as a good time to purchase a property with debt.</p></blockquote><p></p>
[QUOTE="BadIdeaGuy, post: 5698489, member: 73381"] Problem is the amortization schedule isn't in your favor. If you borrow 500K at todays rates, you're paying close to 40K a year in interest, and only accruing about 5K a year in equity. Unless you have reason to believe your property is going to appreciate in value by 8%+ annually, I just don't see it as a good time to purchase a property with debt. [/QUOTE]
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Is your UPS check enough? Are you making it?
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