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Real Estate
Reply to "Single Mom buying a townhouse - bad idea?"
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[quote=Anonymous]See if you can find a 3-bedroom - they are generally better for resale to families. (there is a market for 2 bedrooms to some investors and single people, but 3 bedrooms are generally a little more desirable.) If one bedroom (and a bath) is in the basement, that can work well for rental purposes if you need extra income. I think a townhouse is a great idea for a single mom. I lived in my townhouse for 10 years as a single child-free person and the last 2.5 years as a single mom. It was great. We had enough space, a little outdoor space that didn't take long to maintain, and we had tot lots and nice neighbors. If you did meet someone, you could rent it out, but you should assume for these purposes that you won't, or you might rent forever.[/quote]
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