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Al Klein
 
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Default Buying a much bigger house

On Wed, 30 Jul 2003 09:53:08 +0000 (UTC),
(D. Gerasimatos) posted in misc.invest.real-estate:

In article ,
Al Klein wrote:
On Tue, 29 Jul 2003 17:07:20 +0000 (UTC),

(D. Gerasimatos) posted in misc.invest.real-estate:


As I get older I am learning something interesting:


If the bank gives you money then TAKE IT!


If you know of any banks giving away money, let me know. I haven't
ever heard of one that does.


Right now they are giving money away. I can get a massive loan at x% and
easily find a money market that pays x+%. That's free money.


I've been able to do that for decades. Free money is when they give
it to you and don't ask you to repay it.