11-07-2006, 11:55 AM
white_2kgt Wrote:Is that 6-800 for the entire place, no roommates? I doubt it. So buy a house and get a roommate, problem solved, a 300k house, given the right person doing the financing could only run you $1500, or less.
$1500 after getting a roomate.....
In the long term, is paying 2x much for your living arrangements worth while? In addition to taking care of the house upkeep, fixing busted stuff... It just doesnt add up for me.
white_2kgt Wrote:There is NO argument for renting, unless you just HAVE to live in the middle of a city and not 15-20 minutes outside of it.
Living in the middle of the city, buying makes even more sense than renting. Condo costs in DC arent that bad - ironically, about the same they are in the 'burbs in some decent neighborhoods, and rental cost is just as much as the mortage costs.
Apoc Wrote:Renters back out? How does that happen with a lease...
The lease isnt worth shit if your renters just pack up and leave town. You get their security deposit, but good luck trying to collect on what they owe you for the rest of the year.