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Money and Finances
Reply to "handling finances when you're between jobs"
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[quote=Anonymous][quote=Anonymous]Why does he still own another house? Now is not a great time to sell a house, but you might want to consider selling. Also I'm confused, you said you get 2500 a month from the house but it also has a mortgage? What is the math on that? Are you actually netting 2500 a month on the house, after insurance, taxes, mortgage, etc? Or is that just the rent?[/quote] If we need to sell the house we will, but as you noted it's not a great time to be doing so. $2500/mo is the rent we receive. The mortgage is $1500/mo. It may not be the best investment but given the housing market we're going to try to hold on to it for now.[/quote]
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