I did the same thing last year when shopping for a new work truck.
I 'bought' the truck 0% down. I took on a personal loan at the same time, for half the truck MSRP. Stacked a bunch of sats that could today just about pay off the truck entirely, only 9 months later.
Before that, a few years ago, I leveraged up my borrowing on my primary residence; down to 20% equity. I've safely handled the increased mortgage payment and the sats stacked. I am very glad I did this.
When all you want is the sats, it makes these nice-to-haves feel fairly fiat. But it's nice to have notes and other stuff, every so often.
Have fun with your Dad!
Chiefwhite
npub1a7…7d4pj
2025-04-24 03:50:53
in reply to nevent1q…n2pm
Author Public Key
npub1a7dzp4uz6g4e98gkq8ljmazf2mcud4rmjfv00gkzc02chxd44yus37d4pjPublished at
2025-04-24 03:50:53Event JSON
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"content": "I did the same thing last year when shopping for a new work truck. \n\nI 'bought' the truck 0% down. I took on a personal loan at the same time, for half the truck MSRP. Stacked a bunch of sats that could today just about pay off the truck entirely, only 9 months later. \n\nBefore that, a few years ago, I leveraged up my borrowing on my primary residence; down to 20% equity. I've safely handled the increased mortgage payment and the sats stacked. I am very glad I did this.\n\nWhen all you want is the sats, it makes these nice-to-haves feel fairly fiat. But it's nice to have notes and other stuff, every so often. \n\nHave fun with your Dad!",
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