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re: First time home buyer - need advice
Posted on 2/2/17 at 7:08 am to GREENHEAD22
Posted on 2/2/17 at 7:08 am to GREENHEAD22
If I recall. General rule of thumb is if you're not going to live in it for more than 5 years then just rent. With things like closing cost, taxes and all the bullshite that comes with owning a home you won't make enough equity to make it worth the risks.
Of course you do get to do what you want. I rented while I built and it was miserable.
Of course you do get to do what you want. I rented while I built and it was miserable.
1
Posted on 2/6/17 at 6:04 pm to BeerMoney
based on your own assessment of the Laffy real estate pricing (bubble), you can't possibly make it work financially if you are not planning on owning long.
rent. watch the market. if it really falls apart in a few months, you get to come in later and snag something at way less than you would pay now.
PS seems likely to me.
rent. watch the market. if it really falls apart in a few months, you get to come in later and snag something at way less than you would pay now.
PS seems likely to me.
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