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Of course you have to look at the actual numbers, but in your situation you may be better off renting. It sounds like you graduate in 2 years. My guess is that you will be going through the match and you won't have as much control over where you end up as you would like. Three things you do not want to happen are (1) forced to sell below market because you have to be at your internship halfway across the country on July 1 no matter what, or (2) have your ownership of the house influence how you fill out your match list or (3) be forced to live a year or more away from your wife because of the investment.

Yes, 2 years left. Thanks for your advice... it sounds like you have some experience with the medical school process..

@dcg123: where would i find this info? thanks for the help.

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i am medical student and i am currently renting. I do not have an income (my wife is a student until april), but i am given $30k to live on (loans). I am trying to decide whether we should buy a house, condo, or continue to rent. I have no experience in this area and I am in need of advice.

I need to live in detroit and the minimum time we will spending here is 2 yrs, but it could be as much as 8yrs, depending on where I go for training after med school. After april, my wife expects to be able to make $30-50k/year starting out.

Where do I start? Thanks for your help.

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All Forum Posts by: N/A N/A

N/A N/A has started 1 posts and replied 2 times.

Post: med student: buy or rent?

Post: med student: buy or rent?