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Updated about 11 years ago on . Most recent reply
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I have an opportunity to buy a SFR with a small inlaw house that is rented at $1000. The house is in a great area with great schools. My current house, I bought about 3 years ago and I have about 70-90k in equity. My payment would go from $1550 to about $2500.(Sale of my current home 350K to buying a new house at $450k) This is my family home so I understand that it's not really an investment. Do you think I should move on it? Their are very few homes in this area that have a back house.
PS My wife wants a good school area...