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To: roaddog727
You go get an ARM or Balloon. Already did. I took out a 7 year baloon mortgage in Jan 2005. Saved 1% APR.

I've taken a 30 year fixed mortgage on 3 properties in my life. Lived in each of them less than 3 years each. Stupid waste of money, especially when the military transfers you each 2-3 years..

38 posted on 04/06/2006 4:06:16 PM PDT by listingright
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To: listingright
As an AC guy, I'm surprised that you didn't hold on to them and rent them out to incoming PCS' and have those dudes pay YOUR mortgages off.

Had I been in that position, I'd own at least 4 houses having the Army (one way or another) paying them off.
47 posted on 04/06/2006 4:11:22 PM PDT by roaddog727 (P=3/8 A. or, P=plenty...............)
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