All Forum Posts by: Christian Gibbs

We are in the same situation but we are in Carlsbad, CA ( San Diego). We are renting out here but own a home and some acreage in upstate , NY which we rent out . 
The interest rates are scaring us a bit but we are buying to live here for the good schools and plan to stay till the kids are grown. With less competition in the market now, we are gonna pull the trigger and buy . As many others have mentioned , can always refi later . Some sellers are agreeing to interest buy downs as well. 

yes the mortgage payment will be high because of interest rates and there will always be some debbie downers ( friends and family ) telling you not to do it but in the end paying towards your own equity and not your landlord is always the smartest move .

Also we have to break our lease on our apartment as wellwhich will cost us $2900 but I still think it’s a small price to pay.

Best of luck !

Christian

Hey Levi-

This is interesting. I have spoken with  someone at NAMI for a brother of mine who is always having trouble  finding  places to live. Let me know how your journey goes. We are looking to buy a single family in SD for now as we own a house that we are renting in NY and want to keep  getting more properties. it might be something I'm interested in doing down the road as I am a counselor of sorts in rehabilitation centers.

Thanks for your post-

Christian