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re: Question about paying off a house loan
Posted on 1/25/13 at 12:41 pm to LSUzealot
Posted on 1/25/13 at 12:41 pm to LSUzealot
quote:
2 years ago for cheap. It's a small condo that went as a short sale. I honestly will likely move out before the year is over but will rent it out as I want to keep it bc of the great value.
So you're thinking long term investment. Looking at the rental market right now it is very strong. If you can can cover your payments, insurance, and taxes with a rental payment- I would save the money and start looking for your next property. It is a buyer and landlord's market right now. The market is kind of perfect for your situation at the moment. I am assuming Baton Rouge.
1
Posted on 1/25/13 at 12:42 pm to BigAppleTiger
Yes BR is correct
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