Posted on
March 28, 2009
at
11:02 am
If you really having enough ways to earn interest from investment more than the interest charged by the banks, then it is wise to mortgage the house and get money invest and earn for your money to grow much faster. Definitely there are hundreds of ways to earn more from the investments. But if you are not investing wisely your fingers will be burnt and you will be put into trouble. Hence before jumping into this one should be much careful and watchul.
Posted on
March 28, 2009
at
2:12 pm
i advise you to be carefull as some sites will be a scam and using your mortgage is a risky thing but on the other hand the results could be very rewarding aslong as you take it serioulsy and with great care
Posted on
March 28, 2009
at
3:19 pm
A good idea with high risk...! This can never be feasible by all!
Posted on
March 28, 2009
at
3:46 pm
Putting your house on mortgage and investing the money is very risky, it's not a good idea at all if you've never been in business before.
Posted on
March 30, 2009
at
2:47 pm
It's a very risky gamble that will cost you more if your investment turns sour. What I'm actually doing is this, I rent a two storey, 5 room apartment and take in some boarders or lodgers for the 3 rooms while i take the two other rooms for my family. And what do I get?A free rent which i can save for our own house.
Posted on
March 30, 2009
at
6:33 pm
good idea but it is high risk, i might give it a ponder
Posted on
March 31, 2009
at
9:17 pm
That does NOT sound like a wise idea to me! If your investment fails, you'll be out on the street, then what?
Posted on
April 1, 2009
at
6:45 pm
That can be risky, however if you have done your research and you know you will get good returns pretty much guaranteed then I guess it may be a good way to go.
Tam Rep Points:
190
Posted on
April 1, 2009
at
9:31 pm
i don't think i'll have the confidence to do this, but some people have the knack for recognizing great opportunities to earn more even at the risk of losing their house. so i guess it will work for them but just not for me..
inai Rep Points:
955
Posted on
April 1, 2009
at
10:25 pm
It is never a good idea to mortgage your house and start a business. The risk is too high and you might end up loosing your house. The banks are friendly when you give them business and have collateral in their hands but when you are in trouble they will not be bothered with your problems. They will auction your house if you can't come up with the monthly payments when business is bad. So think carefully.
