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re: Rent or Buy?
Posted on 3/2/15 at 9:07 pm to BoogaBear
Posted on 3/2/15 at 9:07 pm to BoogaBear
I agree with the idea of renting.
When I did my residency, I had little time for home upkeep and your wife will spend a ton more $$$$ decorating your "home" than she ever will spend on your rental.
Intrest rates are about to rise. You will be more likely to take a loss on the new home nand be stuck trying to sell it when you should be focused on your first job out of residency.
Rent. Trust me. Rent.
All the residents we worked with were much happier renting and walking away.
When I did my residency, I had little time for home upkeep and your wife will spend a ton more $$$$ decorating your "home" than she ever will spend on your rental.
Intrest rates are about to rise. You will be more likely to take a loss on the new home nand be stuck trying to sell it when you should be focused on your first job out of residency.
Rent. Trust me. Rent.
All the residents we worked with were much happier renting and walking away.
1
Posted on 3/3/15 at 1:57 am to SECdragonmaster
I'll also add that many banks have special mortgage loans for Dr.s that you should look into once you are really established some where
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