What some will do for a credit card

Sounds like some neighborhoods here. Blew a chance a few years back to buy nice townhouse 'cause I couldn't come up with the $$$ at the time. We checked out one that was owned by a coworker of the SO. Damn thing went from 245 to 355 in 18 months. That's just crazy. And I'm bitter. But if I was sure that type of rise would occur in the ones we are interested in now? I'd go ahead and get up on that treadmill I was talking about. What the hell.

Y'all debt haters would love Dad. Same house for 45+ years. A room added here and there, but the man owes nothing to no one. Likes to fuck with car dealers by going into places dressed like shit and offering cash.

 

Yeah - some friends of ours bought a place near the Capitol when it was still pretty dodgy - then it turned into the place to be. When they wanted to moved back to NC after about 4-5 years they sold the place in DC and paid cash for a 5000 sq ft house on a golf course in Chapel Hill and still had some $$$ left over.

 

the only credit card we keep is a US Airways Dividend Mile card...it has a 50/year fee but you make that up and some with airline miles. We auto pay our mortgage on it which gets you miles real fast then just send the mortgage payment to the credit card company. Got enough to go to Australia now....we're using some next month to go to either the Bahamas or Las Vegas. I use it to buy gas at the pump too.

 

How did you do that? Got the same card - and am always looking for more miles.

 

whoever your lender is can set it up. they usually draw on your checking account but you can set it up to pay on the credit card. they don't care, as long as they get their money. I know people who do the same thing with groceries too. As long as you pay the balance in full every month, there is no interest charge.

 

My father gave me that lecture on Sunday. Gas & Groceries on the US Airways card. Hadn't thought about mortgage.

 

We buy just about everything with that card - but pay it off every month. I almost never have cash on me because of that card.

 

speaking of US Aiways...there is a paragraph in their e-saver e-mail this morning which explains that you now have to buy your meals in coach for trips over 700 miles. $7 dollars for breakfast and $10 for lunch and dinner.

 

Good thing I always upgrade to First Class

 

I have the exact same thoughts. I hate debt, and I wouldn't mind a $100k farm in some scrubby ass place in SC. That with no mortgage and space to play with motorized toys and have a nice vegetable garden seems like a step up from a $200k development house with a mortgage and a homeowners' association. My wife likes being close to the shopping, though. I keep telling her that she homeschools, so she's supposed to be all Little House on the Prairie and stuff and want to be on a farm. So now I'm thinking, maybe get a farm and rent it out, then when the bottom drops out of my career, we'll have no choice but to move there and dump the development house...