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Updated almost 4 years ago,

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2
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Meena Pappiah
  • Rental Property Investor
0
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2
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Buying a property to live on a property I consider is pricey

Meena Pappiah
  • Rental Property Investor
Posted

I'm looking to purchase a property that I plan to live & potentially house hack (looking to start a family, so may not be entirely feasible) and rent out in the future when I move. The place I like is being listed for over 30% of the previous sale price from 5 years go, with no upgrades. I'm hesitant to buy it at that price since am not able to justify the price increase / value for what I will be getting. Would you go with the purchase? Why or why not? How're people finding deals / good purchases in this market?