Any wood stoves or secondary heating units.

Does the math make sense?

Hello,Does anyone have experience buying an investment as a “secondary home” or a vacation home as an investing strategy?

@Wendell Torrey math says invest more 13k of interest left to be paid over 10 years on 60k that’s pretty cheap I would buy as much money at that cost as I could.

You can also find lower pricing than this in secondary/tertiary markets or rougher neighborhoods.

You can focus your marketing efforts pretty good these days and the amount of inventory that is owned free-and-clear is enough to keep us all busy for a very long time...I don't necessarily disagree with the secondary approaches you referenced, but they don't offer ownership.

Hopefully, the math makes sense and gives you clarity on your decision. - James

If I am doing the math right, I could offer $123k Net to HUD, and get the house.

Don't get hung up on the CoC math too much.

Time will tell if we can find a deal where the math actually works.