Boat Loan Estimate
by on Friday, October 22nd, 2010 | No Comments
It is better to buy a Boat or a house?
My husband and I are looking for unconventional ways to keep our debt down. We estimate a house for $ 190K max would be our resources. We have a combined $ 17K in student loans. We are thinking of buying a sailboat $ 80K instead of paying rent. The idea is that we would be able to live simply, pay the debt and recover some of our expenses when we sold the boat and move into a house. Any ideas?
I'd say go for it! You only live once … and you could say you lived on a sailboat! That's incredible!
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