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re: 5% or 10% down ??

Posted on 1/8/13 at 4:39 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/8/13 at 4:39 pm to
Have you thought about getting a place now with the low rates, and then when you're ready to move out rent it as an investment property?
Posted by jmcwhrter
Member since Nov 2012
6612 posts
Posted on 1/8/13 at 4:50 pm to
Hadn't really thought about it.. We're not dead set on moving out after X number of years, either. But I doubt very seriously that we will be there long enough to realize a total savings from paying $100 less each month instead of saving $11k up front.

The PMI is what drives me nuts though.. Is it still not tax deductible?
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