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re: Rent or Buy?

Posted on 3/3/15 at 6:45 pm to
Posted by Ric Flair
Charlotte
Member since Oct 2005
13680 posts
Posted on 3/3/15 at 6:45 pm to
I'd rent. With a 30 year loan, you're basically "throwing you money away" at interest and not principle anyway for the first three years. Not to mention cutting grass, maintenance, taxes (especially in TX with a higher real estate tax), homeowners insurance, and the possibility of significant expenses for a/c repair/replacement, appliances, etc.
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