Posted by Mark FL on February 27, 2008 at 18:00:22 from (71.1.69.135):
In Reply to: OT: Insurance annuites posted by Gun guru on February 27, 2008 at 16:27:15:
Buying a rental property in a city with state government, a university, community college, or other stable industry is a way to earn a good return on your down payment. If you include the property appreciation and the amount of the loan that is paid off each year, the return can be pretty good. It's a long-term investment and you won't get much if any cash out of it for 15 or 30 years, depending on the length of the mortgage.
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