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Real Estate
Reply to "Question for renters..Aren't you tired of paying someone's mortgage?"
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[quote=Anonymous][quote=Anonymous]We rent for $2k. 2 bedroom close in. We could probably get a loan with a 10% downpayment right now. Wouldn't be great terms. But then we'd have no emergency savings and if the water heater broke, we'd be up shit creek. So we will went for a while longer. We rent because we feel we have to. [/quote] +1 This is us exactly. Living close-in where places sell in a day. We have little for a down payment, let alone are we able to participate in a bidding war. [/quote]
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