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Originally Posted by Jace
I know two people right off hand who have awesome houses (3+ bedrooms each) on the beach in manhattan beach, and their mortgage is around $1700 a month....
I am just saying if you were to buy a $600k house, your mortgage payment would be way less than $4k amonth if you did it all right and had good credit
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Interest only loans don't really count as mortgages for anything but income tax write-downs.
If you can find a 600k house in Manhattan Beach on the beach, I'll bet you 600 bucks that its going to need about a mil in work to bring it up to community standards. ;)
Now if you'd get back to that email we've been having, neither one of us would have time to worry about this thread!
