Need advice on buying a Kirkham cobra

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#1 (permalink)

10-22-2008, 08:06 PM

jhv48

CC Member

Join Date: Aug 2007

Location: Carlsbad, Ca

Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.

Posts: 2,616

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Quote:

Originally Posted by henryr

i'm beginning to think were the idiots. i should have bought a $1M home and refi'd it all the way up taking out cash and walked away with a couple million.

then they get to keep all that cash as the gov't passed a relief act exempting them from taxes on the forgiven debt. unbelievable.

So you're the one that caused this mess!

The equity in your home should not be considered a checking account! If it is, you are living above your means.

Last edited by jhv48; 10-23-2008 at 09:52 AM..

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