Quote:
Originally Posted by Kracka
Step 1: Have your dad refinance his condo to get your name off it.
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Just refinanced it like a month ago...can't get me off it. Used the fannie/freddie upside down shit to do it from the govt.
He owns two other houses too and a business, so they wouldn't let him take me off. I don't even want to know all the nonsense he has to deal with on finances lol. Mo money mo problems for him i guess.
But that is the reason I didn't look at getting a brand new car to begin with and the lease seemed like a way to just get a new car.
So for real though, is leasing it really that bad when you only have 13k to pay off at the end? What if I ended up saving for the buyout amount and paid cash, then that is only 3 years of very low interest on the car. I see several people saying the lease to own is dumb but I just want to know which part makes it so icky. Edumacate me
This is also the reason I am locked in a dumb ass mortgate for my house and can't refinance to something good. We actually bought my house in cash and I paid my dad as I had the other loan at that time.
Lot of crazy financing mumbojumbo.