On the prowl
- 21 April 2006
- Reaction score
You can.Why cant you have both?
Didn't seem to be the direct question to me.
But, they are VERY different mindsets.
An 'investment' can be a piece if rock in another country.
A 'home', is your sanctuary, surrounded by your family and friends, imo.
Your home can be an 'investment' of course, but that's not always the case.
My ideal 'home' is not an investment for example.
If you've got the finances to have both, well and good.
On the information provided, I'm not sure if the $300K downpayment on a 'home', and an 'investment' property, wherever it is, could cover both.
Maybe he's earning $150K + a year and it will work.
You'd be better at the sums though tech. Maybe you need to start another company...