pursue this dream
Question: Sounds like your house sale is holding up your dreams. What possible > scenario is going to make it more saleable while you are cruising > around the west? I’d get the house sold before I started doing > things which are going to put me upside-down with other debts.
I refuse to take on any other debts, so that wont happen.
> If you really want to do it and from your remarks about “home free” > sounds like you have equity in the house, get a home equity > loan.
The only way I could pay off the loan would be with the loan itself. That doesnt seem smart. I do have a lot of equity though. I doubt they would give me the loan anyway, which suits me just fine. Home quity loans arent frugal.
> Only caveat is don’t try to fool yourself with how much of a > good thing you have in that house.
Answer: Say you have 100,000 equity in the home. You get 20k no-early penalty loan or even 10k. You use the amount you aren’t going to need for your dream to pay off the loan. Yes you are taking to loan to pay the loan but you are saying you have tremendous equity in the home and that you plan to sell it but it might not sell quickly. See, you are fooling with yourself on several levels but if you really want to pursue this dream, that’s one avenue open to you.
Taking a year off to travel and write is not exactly frugal but sometimes there are other upsides.
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