Quote:
Originally Posted by KTown
I don't see this real estate marketing crashing any time soon. So don't wait forever.
I've been thinking of taking advantage of the boom and moving to Texas or Lousiana, I got a few companies looking for my services. I could buy a nice house, and have no mortgage with what I sell mine for. Not bad for a 27 year old.
The only problem is I never could afford to move back here until the market did crash.
|
Why not keep your house here, rent it out to cover the mort., utilities,and possibly taxes? Then, buy a 100,000 house (or whatever the going rate is) down in Lousiana or where ever? The payments on 100 G can't be that bad (especialy on a 50 yr mort.), and you could move back home when ever, and still own property.