My wife and I are considering selling off our mortgage-free home and taking the cash to rent an apartment for the rest of our years (we are in our early 60’s). For example, if we clear $380k on our home, we can rent a really nice apartment for $2k a month for nearly 16 years (excluding cost of rent increase, etc.). Has anyone out there done something like this? Any advice or pitfalls we should consider?
Submitted February 24, 2019 at 02:17PM by NeverFresh https://ift.tt/2SXtzqk