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Updated about 9 years ago,
15 vs 30 yr Primary residence
HI
I am getting ready to buy my first home. I plan on having roommates. Was wondering how much an extra bedroom is worth in terms of resale value? For example, there is a 3bed house for 245k vs a 4 bed for 310k. Which is better?
Not sure what the future will bring...my plan is to rent this house out after I purchase my next home..but I might end up selling this house within 5-10 years. If I sell it within 5 years, does it make more sense to get a 30 yr mortgage (lower payment) or get a 15 yr (more toward principal).
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