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re: Buy a house or rent

Posted on 12/18/13 at 11:09 am to
Posted by JAE20
In the cloudz
Member since Jul 2009
7176 posts
Posted on 12/18/13 at 11:09 am to
Haven't really started to pinpoint an area yet. I just recently read about rural development loans today and there are some nice houses in prairieville. What's considered long term? I'm pretty sure I'll be here for at least 5-8 years. Where's your buddies house?
Posted by LNCHBOX
70448
Member since Jun 2009
84394 posts
Posted on 12/18/13 at 11:13 am to
quote:

I'm pretty sure I'll be here for at least 5-8 years.


Long enough to consider purchasing IMO. But I would look at a 15 year note so you build equity more quickly.

quote:

Where's your buddies house?


Broadmoor.
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