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re: Renting out house with mortgage

Posted on 1/17/19 at 8:08 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30607 posts
Posted on 1/17/19 at 8:08 am to
Why would someone want to rent a 450k house? If you can afford the rent in a house like that, you can probably afford to buy it too
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 1/17/19 at 8:16 am to
quote:

Why would someone want to rent a 450k house? If you can afford the rent in a house like that, you can probably afford to buy it too


I'd never do it, but lots do. Short term work, spending a year in an area to get to know it before purchasing. Poor financial decisions. People do it.
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