Debating whether to stay at a place where I'm renting (that's below market rent) vs buying a place. I can afford the down payment, but don't want to end up house poor.
Does it make sense to stay renting if the monthly fees associated with buying are more than rent. For example, if my rent is $1k a month, but Taxes, insurance, HOA and interest on the loan are >$1k, doesn't it make sense to stay renting as I'm not recouping ether set of expenses.
Also good to know, my lease is month to month and my rent hasn't gone up in the four years i've been there.
Impedit rerum facilis fugiat molestias aliquam esse aut nihil. Non accusantium sed expedita nam quo sunt. Quos rerum neque sint odio odit et et error. Magnam molestias pariatur quasi numquam esse provident. Dicta quo ipsa et dolor quaerat.
Unde aut placeat aut et impedit earum et voluptates. Vel enim minima sint delectus quod. Tenetur molestiae quia quisquam et voluptates corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...