Author

Topic: Buy a house with bitcoin! (Read 1897 times)

full member
Activity: 185
Merit: 100
April 11, 2015, 11:14:37 AM
#23
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

The title should say reduce the duration of a mortgage with bitcoin.

I heard about one house someone bought for bitcoin in South America, and there's a bitcointalk thread started by someone who sold a house in North America. Its very rare you hear about a whole house paid for with bitcoin though.
legendary
Activity: 3374
Merit: 1824
April 11, 2015, 08:24:12 AM
#22
WOW if you can buy a house with your bitcoin earnings, this is really something amazing Smiley
I guess some people was lucky to join this opportunity very early, as first users, and could collect some good amount of bitcoin almost free, and now they are very rich.
Wish I could have such luck.
newbie
Activity: 9
Merit: 0
April 11, 2015, 07:19:26 AM
#21
Stone accents are being put in place: http://timweitzel.net/house/?p=96
BTC Holdings increase: http://timweitzel.net/house/?p=92
legendary
Activity: 1204
Merit: 1005
March 21, 2015, 04:40:04 PM
#20
good news.
Amazing can buy a house with btc.
full member
Activity: 134
Merit: 100
March 21, 2015, 03:44:38 PM
#19
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
member
Activity: 126
Merit: 10
March 21, 2015, 02:41:21 PM
#18
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

Kind Regards,
BTC-Bank.
newbie
Activity: 9
Merit: 0
March 21, 2015, 02:33:47 PM
#17
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.
newbie
Activity: 11
Merit: 0
March 21, 2015, 02:04:01 PM
#16
Wow !! Buying a house from BTC something rare and glad to hear of.
newbie
Activity: 56
Merit: 0
March 21, 2015, 01:51:02 PM
#15
i think this has been done in some parts of germany already, where are you from OP?
legendary
Activity: 1862
Merit: 1004
March 21, 2015, 11:18:46 AM
#14
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?
newbie
Activity: 9
Merit: 0
March 21, 2015, 08:33:47 AM
#13
Bitcoin holdings update: http://timweitzel.net/house/?p=84
full member
Activity: 153
Merit: 101
March 08, 2015, 10:41:46 AM
#12
So... We really can buy a house?
wow, that's just fascinating Cheesy
and anyway good luck with that Wink
sr. member
Activity: 252
Merit: 250
I love bitcoins.
March 06, 2015, 02:09:32 PM
#11
It looks cool, I will follow your journey.  Good luck man!
member
Activity: 91
Merit: 15
March 06, 2015, 02:03:32 PM
#10
You would motivate a lot of people if you do so Smiley
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
March 06, 2015, 03:23:18 AM
#9
You'll need a lot of BTC
full member
Activity: 154
Merit: 100
March 05, 2015, 08:52:52 AM
#8
Wow! buying and paying for a house through bitcoin
Amazing , i never earn that much .
BUt hopefully soon
newbie
Activity: 9
Merit: 0
March 05, 2015, 08:11:23 AM
#7
For those interested in the progress of the house, the siding is up and roof paper is installed. http://timweitzel.net/house/?p=58
newbie
Activity: 9
Merit: 0
February 27, 2015, 09:10:49 AM
#6
We now have windows! http://timweitzel.net/house/?p=50
newbie
Activity: 9
Merit: 0
February 24, 2015, 05:30:06 PM
#5
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
newbie
Activity: 1
Merit: 0
February 24, 2015, 01:55:06 PM
#4
Shouldnt this topic be towards somewhere else like the marketplace?

its a blog he isnt buying or sellling anything
member
Activity: 109
Merit: 10
Blockpoker Team | Kenneth | Designer
February 24, 2015, 01:45:28 PM
#3
Shouldnt this topic be towards somewhere else like the marketplace?
legendary
Activity: 1666
Merit: 1001
February 24, 2015, 12:30:54 PM
#2
or you can bet your horse on https://bitcointalksearch.org/topic/horse-racing-trifecta-horse-racing-unique-jackpot-0-1-edge-950714

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

newbie
Activity: 9
Merit: 0
February 24, 2015, 07:58:58 AM
#1
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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