About to purchase- Finance questions
Hey all, I have a downpayment on a new travel trailer and just sold my pop up last night. Thursday I will go to sign papers. They were touting 4.99% finance rates until I got the deal. Then it ju...
Forum Discussion
wing_zealot wrote:oakbowery wrote:What are my shoes? You know nothing about me or my shoes. You choose cash, I'm happy for you. Using my money would be a stupid decision for me when I can use other peoples money for 4.45% while mine earns 7.66%.
A few years ago I would have been in your shoes about financing ....
How you handle your finances is totally up to you.
I just have one question. How are getting a bank to pay you 7.66% in todays low interest enviroment?
I and millions of others would really like to know the secret. That kind of return involves risk. Which means that you may or may not make that money. You may actually lose money.
