Hello again everyone.
I recently made a trip to the bank and came out with a possible 700k loan for a mortgage (new house). Seriously, for 700K, I can buy a Tim Hortons franchise or any other business franchises.
I am now torn between using this money for a new house (or anything related to real estate investing) or buying a stable franchise like Tim Hortons.
Just curious, what would you consider (or do) if you were in my shoes?
Am I comparing apples to oranges or not? Any comments appreciated.
I recently made a trip to the bank and came out with a possible 700k loan for a mortgage (new house). Seriously, for 700K, I can buy a Tim Hortons franchise or any other business franchises.
I am now torn between using this money for a new house (or anything related to real estate investing) or buying a stable franchise like Tim Hortons.
Just curious, what would you consider (or do) if you were in my shoes?
Am I comparing apples to oranges or not? Any comments appreciated.