John Deloney

And I've got cash, and I'm not afraid to walk.

Here's the thing that

If you take out, if you have a $400,000 mortgage and y'all put down 50% and you have $200,000 left, there is no secret loan that makes you not have to pay back $200,000 plus interest.

And so the only true way, like, so like we can do a 30 year note, but we can pay it off in eight years.

You're still going to pay back that money plus interest.

And so if y'all want to pay it off in eight years, that's amazing.

Pay it off in eight years.

But that just means every month you're going to be paying more towards the principal balance to pay it off faster.

But there's not like a secret loan you can do that you pay back a hundred grand to pay off $200,000.

You get what I'm saying?

Like the whole hack is technically you can get a lower interest rate and technically you can take that lower interest rate that you're paying and pay off more principal.

But the same thing applies to just paying it faster.

Especially with all the volatility in the world right now.

Like go back 10 years.

in your life can you have imagined now right no none of us could have and so with all the volatility in the world the chances of me touching a variable interest rate is zero right right and so you can get it if you got in today in the banks and suddenly jerome powell comes up tomorrow and says hey because of x y or z we're raising interest like man y'all are on the hook for it

And I'll go one more.

I'm putting my baggage out in the world, so this may not be you and your husband.

But if you give me a revolving line of credit, and suddenly I don't like my floors, I'm going to get new floors.

Because it's not real money.

It's just coming out of the revolving line of credit.