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I'm consdiering buying a big boat to live on. Pros and cons please? [View All]

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maveric Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-10-05 08:49 PM
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I'm consdiering buying a big boat to live on. Pros and cons please?
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Edited on Sun Apr-10-05 08:56 PM by maveric
Ma's house is on the market and I should walk away with about $180,000.00 from the sale. Its not enough to buy a house in San Diego, nor would I qualify for a loan for a $600,000.00 home around here.
I can buy a 60 ft, fiberglass sailboat for about $70,000.00. Anchorage in the middle of San Diego Harbor is FREE. Mooring to a pier is about $600.00 a month.
Any advice from DUers here? Its always been a dream of mine to live on a boat.
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