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I am living in the states in a NYC suburb - actually NJ. I own a house
that has appreciated almost 100% since I purhcased in 2001.
My question is - everyone seems to have their own challenges - yet I
see people buying second homes and I'm feeling as if I am doing
something wrong here.
What are the tricks here? Does it make sense to put 10% down on a
second home? I'd like a second home - shore community. I do have a
second mtg - line of credit available - but would like to reserve that
if possible. What are my options?
Any advice is appreciated.
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