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Updated over 2 years ago on . Most recent reply

Oddy Kham's profile image
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Oddy Kham
  • Member since Jun 17, 2022
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Oddy Kham's profile image
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Oddy Kham
  • Member since Jun 17, 2022
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Oddy Kham
1
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Starting Out

Buying a house at Market Price

Oddy Kham
Posted

What is everyone's opinion on buying a house at the current market price, but you can put 20% down, and the rent covers the mortgage? Also, you don't have time to look for deals. 

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Tanner Connelly's profile image
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Tanner Connelly
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  • Member since May 20, 2022
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Tanner Connelly's profile image
Tanner Connelly's profile image
Tanner Connelly
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Tanner Connelly
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Tanner Connelly
  • Lender
Replied

If you can get it below, do so. This market is leveling off, there is no reason to be paying over at this point!!!  If the numbers work go for it. You can always refinance to get the payments down and make it workable. 

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