02-08-2017, 07:04 PM
So it sounds like the fiancé and I will be looking for a place for ourselves soon. Here's my problem (besides that she's still in school and not working yet). I really don't want to rent. But I don't know what we could afford in a house and I'm not sure it would be in a area we would be happy in. So I figured we could rent for a year or so and save up for at least the area we'd like if not the house (probably not with our plans) but everything I'm seeing for rent is either $1000-1500 or the sub $1k stuff (which is where I'd be comfortable) is kinda sketchy. Most are in questionable areas or are just known for being shitholes. I would rather not have to worry about my neighbors stealing shit out of my car. And they are usually super old and run down inside (I lived in pheasant and would tolerate something like that)
We'd rather not have roomates and I don't think we're crazy about living downtown (especially with two dogs). I think I'd almost prefer to rent a house but that would be in the $1200 to $1500 range as well.
This all brings me back to, in my mind, thinking I'd be better off looking to buy a house or townhouse and pay a mortgage that would probably be close to that anyways. And then sell or possibly rent it out in a few years.
So how short of a time period would make it not worth buying? Living there for two years? Three? Or would we have to stay longer to make it worth while. I'm not familiar with how difficult it would be to buy another house while paying for/selling your current one.
I know everyone is pretty split on homeownership in the first place so just wanted to get some different views on it.
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We'd rather not have roomates and I don't think we're crazy about living downtown (especially with two dogs). I think I'd almost prefer to rent a house but that would be in the $1200 to $1500 range as well.
This all brings me back to, in my mind, thinking I'd be better off looking to buy a house or townhouse and pay a mortgage that would probably be close to that anyways. And then sell or possibly rent it out in a few years.
So how short of a time period would make it not worth buying? Living there for two years? Three? Or would we have to stay longer to make it worth while. I'm not familiar with how difficult it would be to buy another house while paying for/selling your current one.
I know everyone is pretty split on homeownership in the first place so just wanted to get some different views on it.
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2004 Honda S2000
2001 F-150 4X4 6" lift on 37" tires
2007 GSX-R 600
2008 SX-R 800
1992 (slammed by PO) 240sx Coupe (SOLD)
1999 BMW POS ///M3(SOLD)
1998 Honda Civic EX beater (SOLD)
2001 F-150 4X4 6" lift on 37" tires
2007 GSX-R 600
2008 SX-R 800
1992 (slammed by PO) 240sx Coupe (SOLD)
1999 BMW POS ///M3(SOLD)
1998 Honda Civic EX beater (SOLD)