tw79 (OP)
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February 24, 2015, 11:58:58 AM |
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Greetings all, My wife and I have started the process of buying our first home. Of course, we're excited, but I'm also excited about paying off the mortgage early. I'm hoping to use my BTC income to make an extra payment each month. Since I love to share my adventures in life, I have set up a WordPress installation on my website to help share my journey. http://timweitzel.net/house/Please feel free to take a look and let me know your thoughts! Tim
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xuan87
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February 24, 2015, 04:30:54 PM |
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or you can bet your horse on https://bitcointalk.org/index.php?topic=950714.0Greetings all, My wife and I have started the process of buying our first home. Of course, we're excited, but I'm also excited about paying off the mortgage early. I'm hoping to use my BTC income to make an extra payment each month. Since I love to share my adventures in life, I have set up a WordPress installation on my website to help share my journey. http://timweitzel.net/house/Please feel free to take a look and let me know your thoughts! Tim
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kennenman
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February 24, 2015, 05:45:28 PM |
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Shouldnt this topic be towards somewhere else like the marketplace?
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testerwest
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February 24, 2015, 05:55:06 PM |
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Shouldnt this topic be towards somewhere else like the marketplace?
its a blog he isnt buying or sellling anything
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tw79 (OP)
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February 24, 2015, 09:30:06 PM |
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I'm simply going to use btc to supplement the mortgage payment. I'll be making the regular payments with my full-time job, but seriously reducing the length of the mortgage with extra payments from bitcoin income. Even with an extra $100 each month the mortgage will be reduced by four years. I had an extra bitcoin each week coming in from LTCG. I can't count for that now ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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tw79 (OP)
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February 27, 2015, 01:10:49 PM |
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tw79 (OP)
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March 05, 2015, 12:11:23 PM |
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For those interested in the progress of the house, the siding is up and roof paper is installed. http://timweitzel.net/house/?p=58
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TheGrapist
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March 05, 2015, 12:52:52 PM |
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Wow! buying and paying for a house through bitcoin Amazing , i never earn that much . BUt hopefully soon
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bitbunnny
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March 06, 2015, 07:23:18 AM |
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You'll need a lot of BTC
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LeoN147
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March 06, 2015, 06:03:32 PM |
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You would motivate a lot of people if you do so ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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specgamer
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March 06, 2015, 06:09:32 PM |
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It looks cool, I will follow your journey. Good luck man!
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Vhawk23
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March 08, 2015, 02:41:46 PM |
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So... We really can buy a house? wow, that's just fascinating ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and anyway good luck with that ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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tw79 (OP)
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March 21, 2015, 12:33:47 PM |
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Slark
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March 21, 2015, 03:18:46 PM |
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Shouldnt this topic be towards somewhere else like the marketplace?
its a blog he isnt buying or sellling anything But it is definitely a bitcoin related discussion. It shouldn't be in here. It is great to see that some people are advanced to the point of being able to afford house for bitcoin. I have a question don't you worry that it will be better to hold bitcoin for later instead of buying house with it?
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rockBTC
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March 21, 2015, 05:51:02 PM |
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i think this has been done in some parts of germany already, where are you from OP?
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JohnsonnBTC
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March 21, 2015, 06:04:01 PM |
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Wow !! Buying a house from BTC something rare and glad to hear of.
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tw79 (OP)
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March 21, 2015, 06:33:47 PM |
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Just so everyone is clear, the point is not to pay for the house completely with BTC, rather to reduce the duration of the mortgage and to save on interest. Both my wife and I work, and our combined incomes allow for the regular, monthly mortgage payments. My goal is to reduce the duration of the mortgage from 30 years to 15 years, and to save over $100,000 in interest. If I am able to reach, and sustain, my goal of 5 BTC each month, that extra payment will allow me to reach the mortgage goals.
Thank you to everyone who showed interest. I hope this catches on and proves that BTC CAN be used for something in the real world.
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BTC-Bank
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March 21, 2015, 06:41:21 PM |
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Very nice @tw79 i really like your blog and enthusiasm!I will follow your journey to!Just keep us update!Wish you many success and reach all your goals! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Kind Regards, BTC-Bank.
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EZEQUIEL.MARCOS
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March 21, 2015, 07:44:38 PM |
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Just so everyone is clear, the point is not to pay for the house completely with BTC, rather to reduce the duration of the mortgage and to save on interest. Both my wife and I work, and our combined incomes allow for the regular, monthly mortgage payments. My goal is to reduce the duration of the mortgage from 30 years to 15 years, and to save over $100,000 in interest. If I am able to reach, and sustain, my goal of 5 BTC each month, that extra payment will allow me to reach the mortgage goals.
Thank you to everyone who showed interest. I hope this catches on and proves that BTC CAN be used for something in the real world.
I wondered. title says buy a house with btc
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BIT-X ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz 34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz 34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz 34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz 34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz34s1MLnD4aNetyptCi46qcQGBgTWNXGLTz
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Akbarkoe
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March 21, 2015, 08:40:04 PM |
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good news. Amazing can buy a house with btc.
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