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RE: Does a house and mortgage really represent security? Or does cash flow represent security?

in SteemLeo5 years ago (edited)

The 100 year loan is a fascination construct. The amount of interest paid over the life of the loan would be interesting to know, but the huge benefit of lowering ownership cost for a home to provide disposable income for investment is huge. It makes ownership of a non performing asset much more tenable and increases the security of the situation. It’s as if you can have your cake and eat it too.

I think it’s important to always understand that there are exceptions to every rule and situations can be massaged or tweaked to make them more favorable if we keep our minds open to possibilities.

Thanks for the information, it proves the point that even a traditional mortgage, which strict performing asset stallwords hate, can be tweaked to a point where it looks and smells like a rose. LOL 😂

✍🏼Write On!✍🏼✍🏼✍🏼✍🏼


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