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[quote=Anonymous][quote=Anonymous]We bought (own).....DH and I both owned condos before we married.  Held on to one and sold the other.  Our current home and other home is an investment which we plan (god willing) to pass onto our child when he is of age.  We are not at all wealthy, but will pay off our 30 year mortgage in 15 years, and that will be college funds.  Just the way we chose to do it.  I can't imagine renting, but buy is not right for everyone.  Good luck.[/quote]

I agree. DH and I own a couple of small rowhouses, we bought one together and lived there before kids.  Now we are renting them both.  One of them we completely paid off when DH and I landed a nice deal in our business and came into some extra money.  But since then our business tanked and we were forced to take jobs for less pay.  We are happy to have this extra passive income coming out of our rowhomes and we know we don't need to save for college as we can sell one of them to put 2 kids through college(the second will be also paid off by that time).   Plus, after 15 years there should be some appreciation on the money we put into this RE, even though we bought at the height of the market, at least we should keep up with inflation.  we are not really risky market investments people.  If you are OP, you probably can do more with your money and get greater returns.  RE is not for everyone, just like alternative investments are not. [/quote]

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