News for hackers. Stuff that matters.
Re:What Happens When a Suburb Begins to Die? by buerkle on Wednesday October 11, 2017 @01:14PM (#15451353)
Years ago I was able to get a 85/15/5. 85% first mortgage, 15% second mortgage and 5% down. The 2nd mortgage worked out to about the same as the cost of PMI but with the advantage I could deduct the interest on my taxes so overall it ended up cheaper. Not sure if that's an option now.
Re:What Happens When a Suburb Begins to Die? by ryanwaggoner on Wednesday October 11, 2017 @06:09PM (#15453957)
Not sure you saved anything since they charged you 105% of the sale price ;)
Re:What Happens When a Suburb Begins to Die? by buerkle on Thursday October 12, 2017 @04:03PM (#15460876)
Whoops, I meant 80/15/5 :)