On 1/28/2014 8:30 AM, KC wrote:

On 1/28/2014 8:09 AM, Mr. Luddite wrote:


The two sales that we did this way provide a nice, regular income to
supplement whatever other sources of income we have.

Wow, that is a great idea I have never explored... Thanks man...


One thing you have to consider is what you could otherwise earn on the
proceeds of a conventional sale, if invested elsewhere.

In our case, being a conservative investor, I am more comfortable with
the interest earned on the mortgages than I would be in other
investments (like the stock market) that *could* possibly result in
higher yields.

When we did the mortgages, interest rates were much higher than they are
now. I think one is at 6.5% and the other is 8%. We are satisfied with
that.