You should certainly do this

no one is saying not to get a mortgage bro

??? That’s literally taking on debt for an investment that you couldn’t feasibly do with just cash

If ur not gonna pay it off it's a rly bad idea

I had my internet on my credit, just after a few months my bill was like 700 not including future interest, been chipping away at that debt for like a year now

If you’re not gonna pay it off you shouldn’t have it at all lol I don’t get how cash would be better

ya and not all debt is equal

not even all mortgages are equal

getting a mortgage for your primary residence would be a very different situation than like for example getting one for a short term rental property

With rates this high who has the cash flow to pay a mortgage

Not all debt is equal is basically the point I’ve been trying to make this whole time lol

If you don’t have the cash flow to pay a mortgage don’t see how you woild save up for a house in any sort of realistic time frame

Eh that’s not true. I probably can’t afford a house rn but in 2-3 years I’ll have a hood down payment to be able to afford it

But then how would you pay that mortgage

the mortgage would be lower with more money down and maybe rates will be better

Yea I mean I’m not advocating for putting 1% down

People who's mortgage is still at 3% like me

I mean I do feel like we are fairly aligned but keep getting our wires crossed on certain points lol

Think it’s hovering at like 6.5 rn

For sure

that's the new 3%

Anyway finance sucks back to subway surfers

The monthly would be lower
I was honestly just speaking out of my perspective not anything you were discussing lol

😂😂

Isnt this what youre supposed to do

Yes idk what he was talking about

Niggas just be hitting post without a second of forethought

no u dumb f***s if u dont pay it off its obv a bad idea

OP literally said he is 5000 in credit debt because he didnt pay off his bill

how is that advantageous? this only works if u actually pay ur debt off