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      07-16-2012, 06:10 PM   #53
momentum
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Drives: race car m3, 550, m6, tacoma
Join Date: Jul 2012
Location: houston

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if you put $$ down in a house, the bank got you nb the balls

most cosumers think to put as much $$$ down as they can into a house for the long run.... well in today situtation, if you lost your job or anything- you lose your house too.... now knowing that, its best if you only had a very little $$ in the house, you can walk away and not lose much..... and remember you can always paydown the principle anytime...

a business man would hold as much cash as he can for a rainy day.