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Updated over 6 years ago,
A Wise decision or not ?
Hello everyone.
I have been thinking about getting a property for investment and renting it out for a while and am finally pulling the plug on it.
But something is bothering me and i wanted to see if any would like to comment on it and see if my decision is correct. I have a good savings for a 37 year old but i live with my wife in an apartment and don't own a home . We are not planning to have kids.
so is it stupid that we are investing in a rental property than buying ourselves a house. Is it a good move or would it hurt down the road if we decide to buy a home ( which we are planning to but still couple years or so ) The reason we are not buying right now is i would like a decent home and then stay in that forever and at this point i guess i am just not ready to buy my own.
thank you