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SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
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<blockquote data-quote="blownstang4.6" data-source="post: 16198182" data-attributes="member: 129006"><p>Yes, but in the end you have nothing. It's like throwing money out the window. While $500k is expensive for just a decent house, it will be yours, and you will be building equity as you pay down the mortgage and the house appreciates. Your other option is to buy a multi-unit property and live rent free as tenants pay your mortgage, but it doesn't seem like you'd be willing to do the upkeep or maintenance.</p></blockquote><p></p>
[QUOTE="blownstang4.6, post: 16198182, member: 129006"] Yes, but in the end you have nothing. It's like throwing money out the window. While $500k is expensive for just a decent house, it will be yours, and you will be building equity as you pay down the mortgage and the house appreciates. Your other option is to buy a multi-unit property and live rent free as tenants pay your mortgage, but it doesn't seem like you'd be willing to do the upkeep or maintenance. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
I just can’t convince myself to buy a house.
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