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re: How much home can I afford?
Posted on 1/11/22 at 11:36 am to WDE24
Posted on 1/11/22 at 11:36 am to WDE24
quote:
If I was in your situation (single with a decent income) I would look to buy a duplex or triplex and use my first home purchase as an investment opportunity.
I hear ya. My lack of handy man skills does seem a bit daunting.
quote:
Or buy a single family set up well for rent paying roommates.
Makes financial sense, not really looking for roommates
Appreciate suggestions though
1
Posted on 1/11/22 at 11:43 am to danilo
Obviously no one can predict the future, but I wouldn't be chomping at the bit to buy right now with real estate prices really inflated. I'd wait a bit for supply to catch up to the demand and prices to come back to earth a bit.
That said, you'd need to weigh the prices coming down with the interest rates, which will be rising (though you can always refi down the line).
That said, you'd need to weigh the prices coming down with the interest rates, which will be rising (though you can always refi down the line).
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