[stubbornforgey]

Originally Posted by bwind22

So at this point, he owes $200,000...



So now, he's up $120,000...




He took the $120,000 (or most of it) and used it as a down payment to buy a house that's twice as expensive as the one he just had. His payment probably went up a little bit each month, but he's got twice the house. As long as he can afford the payments each month (And if he could afford them on $200,000, then he maybe he can affor dthem on a 310,000 mortgage too. WIth a downpayment that size, he could probably get himself a really low interest rate. *shrug* It doesn't sound that dumb to me, but I don't know your real estate market.

AWWWWWWWWWWWWWWWW SHUDDUP!!!
did i ask you ..?? :o