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re: Rent or Buy?
Posted on 3/3/15 at 9:01 am to mohalk
Posted on 3/3/15 at 9:01 am to mohalk
With a time horizon of just 36 months, I'd rent...you know it's going to be short term, so find some place decent yet affordable. Don't be tempted into upscale rental....keep it modest and save the difference in rent between what you get and what you'd really want; put that cash toward your eventual purchase elsewhere.
2
Posted on 3/3/15 at 9:11 am to hungryone
I had a 4 year residency. Bought a house my first year (2008) and when I finished (2012) I had to sell my house at a $25k loss.
This was in louisville, KY
This was in louisville, KY
This post was edited on 3/3/15 at 9:12 am
Posted on 3/3/15 at 9:14 am to hungryone
I live in Dallas. Where is the hospital you will be working from?As a young family, I would expect the White Rock and Lakewood area to be great if you are closer to the city. Plano / Richardson if you work farther north. Arlington if you work west. I never venture south of the city to know those neighborhoods.
I strongly suggest renting. You are not locked into Dallas for long enough to make buying worth it. Also, 150k is on the light side unless you live in an undesirable part of town. Dallas has terrific renting choices with tons of new properies. Happy to give my 0.02 if you are interested. I'm close to your age but no family.
I strongly suggest renting. You are not locked into Dallas for long enough to make buying worth it. Also, 150k is on the light side unless you live in an undesirable part of town. Dallas has terrific renting choices with tons of new properies. Happy to give my 0.02 if you are interested. I'm close to your age but no family.
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