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Updated about 10 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Mike Verrona
  • Jersey City, NJ
5
Votes |
27
Posts

Is renting a waste of money?

Mike Verrona
  • Jersey City, NJ
Posted

So i am thinking about getting my own place.


Problem is i do not have sufficient income to get approved for a Mortgage, nor do i think i know enough to go and jump into one.

From places i have seen... i am going to spend around $1500 + utilities per month.

Would i be better of trying to get a paper-trail and a multi family building and just live in one?

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