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Are you making enough to make payments on a house????
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<blockquote data-quote="Darmark7" data-source="post: 5566789" data-attributes="member: 83127"><p>I bought our first house with a 30 yr. Mortgage in 1990. I paid extra every month. When I got a raise it went toward the principle. Paid off that house in 12.5 years. I was 39 yrs old and debt free. After paying off the house I made the payment to myself every month. When I was 46 yrs old I bought a second house with a 15 yr mortgage and paid it off in 2.5 years. Then at 49 yrs old I’m debt free again with 2 houses. I owner financed the first house and get an income for 15 yrs with no headache of being a landlord for renters. This was done on income from me working at UPS. My wife never worked during this time. We just always lived below our means and saved and invested any extra money we had. Retired in 2020 being debt free at 57 yrs old.</p></blockquote><p></p>
[QUOTE="Darmark7, post: 5566789, member: 83127"] I bought our first house with a 30 yr. Mortgage in 1990. I paid extra every month. When I got a raise it went toward the principle. Paid off that house in 12.5 years. I was 39 yrs old and debt free. After paying off the house I made the payment to myself every month. When I was 46 yrs old I bought a second house with a 15 yr mortgage and paid it off in 2.5 years. Then at 49 yrs old I’m debt free again with 2 houses. I owner financed the first house and get an income for 15 yrs with no headache of being a landlord for renters. This was done on income from me working at UPS. My wife never worked during this time. We just always lived below our means and saved and invested any extra money we had. Retired in 2020 being debt free at 57 yrs old. [/QUOTE]
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Are you making enough to make payments on a house????
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