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re: Cost to buy = $2,700/month. Cost to rent = $1,850/month

Posted on 5/24/23 at 8:45 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
50203 posts
Posted on 5/24/23 at 8:45 pm to
quote:

I'm kidding. 170,000 in 2000.

We bought our first house in 2005 for 125k'ish at 6.8%. It was in the sticks though, vinyl siding, 1400 sq ft, single car carport and 20 miles from my office.
Posted by Jake88
Member since Apr 2005
70873 posts
Posted on 5/24/23 at 8:52 pm to
I think my interest rate was between 5 and 6. It was on the Northshore. Sold it in 2005 after Katrina because I had just bought another house 2 weeks before Katrina. I didn't mark it up beyond pre-katrina value when I sold it either. I felt for all the people coming to look at it.
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