Quote:
Originally Posted by Rusty
Using my math it says that 600K is the better part of 1M.
Anything Higher that 50% would be the better part.
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Sorry I don’t agree with your interpretation of “better part”. By your definition then 500,001.00 is better part of a million. That’s very misleading. If you thought your home was worth the better part of a million and someone offered you 600k I’m sure you would think they are nuts.
In this case as I stated there is a tremendous difference in either an investment of 1 million compared to 600k or if you borrowed the funds paying the difference in debt service between the two.
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