Icon Re: John Carpenter Rents?
H
Herring405 (view)

:  �And yes, if you have $100,000 cash on hand, that's the best way to pay for a home. �:) �No

: interest goes to the bank!

: Ken

Except that you get socked with incredible taxes when you own a home and are not paying a mortgage, and the interest on a mortgage is quite manageable when you look at the earnings you free up for other things by not paying the whole enchilada at once.  It really isn't all that great to have a house paid off.

Herring405
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