the $800 in rent on top of the $1000 payments... either under your mattress (cash, no paper trail) or through the bank (invested with a return that hopefully covers the tax implications)Originally posted by davidI
This should be good. Explain to me how a $1k / month mortgage payment ($84k in payments over the last 7 years) pays off $113,200 of a theoretical $200k mortgage leaving you with a current mortgage of $86,800, as you suggest?