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Updated over 8 years ago, 05/25/2016
What is the Market in Dallas-Fort Worth Doing
Can anyone tell me is single family housing is on the rise or fall in the market right now?
Another question for the pros here. Looking to buy a home near Fort Worth, if I put say $40-50k down on the house does that look good on paper? Does it lower the loan pmt much on a $150-200k home?
Renting vs buying.....I was thinking of purchasing a home that I could do some extra work to and turn, no major over-haul, something simple....I have done this several times and have done well (just not in the Fort Worth area). Let's say I am able to resell in 1-2 years and resale is $10-20k more than what I bought the house for, am I ahead financially despite the closing costs on the buy and sell? I would this be better than renting for $1300-$1500 a month for 1-2 years?
Your thoughts appreciated.