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interest only loans: Renting Versus Buying In Today's Economy It's Magic!!! - 04/10/08 01:00 PM
Now with the low Interest rates, Interest Only is not a bad thing or Taboo....When in fact it can save you money, get you out of renting and make you a homeowner. 
 You will qualify for a tax write off on your new mortgage as a homeowner, which will make buying cheaper than renting and start making you money (equity)
You will save 20-40% off your gross taxes..Stop looking at your net income and see just what you are paying in Federal Taxes each month.
Goes like this: Interest Mortgage Payment is $2500.00 You will get say if you are in … (4 comments)

 

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