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OT - Buying a House
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[QUOTE="SubbaBub, post: 2700323, member: 523"] If your plan is to only stay 4-5 years. Why put any money into any house? You won't build any equity anyway nor can you expect significant appreciation given rising interest rates. Find a condo in an area that will be easy to resell/rent when you decide to move. Every house in your range will "need" something. A new roof, new flooring, windows, location, etc. If you are looking for a permanent home great, if you are looking for a fixer upper to eventually flip, great, a future rental income property that you intend to use now, all great. You appear to be in the middle of all that which means you pay all of your money in interest and upkeep with a questionable expected return. Paying interest to a bank is the same as paying rent if you aren't paying down the principal. The market of the 70's where houses triple in value is long gone. Appreciation is a few thousand at a time if at all. [/QUOTE]
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OT - Buying a House
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