burning down the house

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Lately, you’ve heard a lot about derivatives, sub-prime mortgages and old men attempting to bail out the US economy with lots of tax payer money. By the way, these are the same old men who have their political careers in part funded by the banks they are rescuing. Go figure. 
Anyways, I was going to write [...]

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Three years ago I bought a rooming house with the idea that I would transform it into three nice suites. My partner, my son and myself would live in one suite and we would rent out the other two suites with the hope that one day the rented suites would pay our mortgage. Yes, I [...]

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When deciding on what type of payment structure to select for your mortgage, it is a good idea to consider bi-weekly accelerated payments.
By choosing to make bi-weekly accelerated payments, you will pay 1/2 of your monthly mortgage payment every 2 weeks. This will result in 26 payments per year, or in essence 1 extra monthly [...]

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