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- Mar 26, 2015
Yeah beezy that's a nice kitchen. Not sure if you discussed it but did you get a 15 or 30 year?
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I'm living in it, I rent out one room to a friend. Other people are renting out their townhouse for $2400/mo they aren't living there.Wait you're not living in it? Or just renting a room?
really nice place...almost identical to my friends new townhouse in Elkridge, HoCo (Howard Square, i think is the development name)...must have been built in the same style...
Had my final walk through yesterday everything looked great only some small cosmetic fixes need to be done. Everything will be fixed before I close, I am praying on closing next week they are having some delays.
You still have to pay property taxes and upkeep expenses or HOAThat's a good rate. Man could you imagine life with no house payment.
I can lol I lived for free for the months my house was being built.That's a good rate. Man could you imagine life with no house payment.
Thanks man. Most likely a Ryan's Home , they have the same layouts for their townhomes.
really nice place...almost identical to my friends new townhouse in Elkridge, HoCo (Howard Square, i think is the development name)...must have been built in the same style...
Which is minimal compared to a monthly mortgage payment.
You still have to pay property taxes and upkeep expenses or HOA
WHAT CAN I SAY ABOUT THIS.![]()
To say the least.So, they're your landlord?
No its just the will that we (us in the thread) will pay the mortgage off early before the maturity date.
And those are minimal compared to your payment to the bank. You're still saving a thousand or three each month not working for the bank.You still have to pay property taxes and upkeep expenses or HOAThat's a good rate. Man could you imagine life with no house payment.
Been looking for a crib with the wife for a couple months now and we found a house two weeks ago that we absolutely love. We came to a deal on Monday and my lawyer's reviewing the contract right now. I'm so pumped![]()
Wife still eager to buy, and I'm afraid that we might end up staying in Pittsburgh, which is not going to give us what we want in a home. I don't mind comprimising, just going to hurt knowing that we're going to pay a price for a house, and if we were to move elsewhere, we could get more house for the same price.
Wife still eager to buy, and I'm afraid that we might end up staying in Pittsburgh, which is not going to give us what we want in a home. I don't mind comprimising, just going to hurt knowing that we're going to pay a price for a house, and if we were to move elsewhere, we could get more house for the same price.
Have you considered a 2 family home?
Might be able to use the extra income to help offset your higher mortgage.
Yea but could u get something for maybe 200k and rent out the other unit in Pitt ?
I'm not sure what the market is like that's why I am asking
That's exactly what he is suggesting , buying a duplex and renting out the other side. This is called "house hacking" and could potentially cover most of your mortgage allowing you to live for free. Not sure if you are interested in being a landlord though.Only way to do that here is to move a decent ways outside the city or to buy a duplex. Most of the homes here are older so they don't really leave room for renting out parts of the home. I really don't want to be here thoughbut if there are opportunities here, guess I have to compromise, even if there aren't really any solid opportunities here for me.![]()
That's exactly what he is suggesting , buying a duplex and renting out the other side. This is called "house hacking" and could potentially cover most of your mortgage allowing you to live for free. Not sure if you are interested in being a landlord though.Only way to do that here is to move a decent ways outside the city or to buy a duplex. Most of the homes here are older so they don't really leave room for renting out parts of the home. I really don't want to be here thoughbut if there are opportunities here, guess I have to compromise, even if there aren't really any solid opportunities here for me.
If you know you want to move I wouldn't purchase just yet IMO.
I purchased because I know that I will be in the DC area for atleast the next 20-30 years, and the rents are steadily increasing.
That's exactly what he is suggesting , buying a duplex and renting out the other side. This is called "house hacking" and could potentially cover most of your mortgage allowing you to live for free. Not sure if you are interested in being a landlord though.Only way to do that here is to move a decent ways outside the city or to buy a duplex. Most of the homes here are older so they don't really leave room for renting out parts of the home. I really don't want to be here thoughbut if there are opportunities here, guess I have to compromise, even if there aren't really any solid opportunities here for me.
If you know you want to move I wouldn't purchase just yet IMO.
I purchased because I know that I will be in the DC area for atleast the next 20-30 years, and the rents are steadily increasing.
I know that's what he's suggesting and I wouldn't even mind it if the opportunity presents itself. I live in a duplex now and would love to live rent/mortgage free, would just have to convince the Mrs. There are some real estate opportunities here, just have to get my credit right before all the big money companies and universities snatch em up.
Thanks for the suggestions
That's exactly what he is suggesting , buying a duplex and renting out the other side. This is called "house hacking" and could potentially cover most of your mortgage allowing you to live for free. Not sure if you are interested in being a landlord though.Only way to do that here is to move a decent ways outside the city or to buy a duplex. Most of the homes here are older so they don't really leave room for renting out parts of the home. I really don't want to be here thoughbut if there are opportunities here, guess I have to compromise, even if there aren't really any solid opportunities here for me.
If you know you want to move I wouldn't purchase just yet IMO.
I purchased because I know that I will be in the DC area for atleast the next 20-30 years, and the rents are steadily increasing.
I know that's what he's suggesting and I wouldn't even mind it if the opportunity presents itself. I live in a duplex now and would love to live rent/mortgage free, would just have to convince the Mrs. There are some real estate opportunities here, just have to get my credit right before all the big money companies and universities snatch em up.
Thanks for the suggestions
This is exactly where I am now. The colleges and hospitals are buying land and anything that looks attractive and making dorms or offices. On top of that they are starting a 10-15 year plan to rehab the downtown areas so rent prices keep climbing. I just wanted to put a flag in the ground while we save to buy a house we really want because spending 1300 to rent a 1br in a half way decent building is crazy to me.