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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (1934)	2/26/2002 4:19:29 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

After running the numbers and examining them closely, however, the clear money-saving choice is to pay off our present note in cash as soon as possible. Yup, you do that and take out a home equity line of credit which you don't use unless you need access to that cash. Its a safer return then just about anything fixed income you can find out there right now.

To: Tradelite who wrote (1934)	2/26/2002 4:28:56 PM
From: MulhollandDrive	Read Replies (4) \| Respond to of 306849

We also did a seller finance of one of our rental properties. Receiving a very nice interest payment. It is interesting to me that (although this is anecdotal) I remember reading about people taking out seconds and re-fi's on their homes to BUY stock during the market highs... I'm not sure a converse scenario (cashing out and into real estate) can be extrapolated as a signal of the bottom..just one of those things that makes you go...hmmmmmmmmmmm. <g>