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Updated over 1 year ago,
Is it worth it?
In 5 years, I plan to move to St Louis. I've been researching areas in St Louis and think either downtown or the Central West End are areas I might want to live. I want to be in a very walkable location, close to a grocery store and Metrolink stop.
Originally, I was just going to wait until I was ready to move before buying. However, I have recently considered whether I should buy now and rent until I move. I know a coworker did that before retiring and moving.
Given the 5 year time frame, distance (3 hour drive), zero real estate investing experience, just starting to look, it worth it? I've been studying and investing in the stock market for 30+ years and have a comfort level the risks involved, not so much with real estate.
Thanks for the input.