In my experience, the inventory available in Lehigh is nicer and at a lower cost.

@Jasmine Williams in theory this sounds great but in reality 500k equity after paying closing costs and taxes would be around 250k cash in hand, so the 6% CoC you are getting would translate to 1.25k monthly cash flow.

They pulled the trigger on getting a house because they found themselves constantly paying for costly hotels when visiting and having to pay both of our rent.

Most of the time a condo/townhome won't be the right fit due to condo fees, hoa fees, etc that make it more costly for the ownership but also more management intensive.

I can understand that the cost of the home over time shouldn't really exceed the cost of a home outright - as you said, the money is in the TOH park sale in the future.

The guy said it's very costly and difficult to do because you need to tap the main line.

In this case the consumer over estimates the risk of an hourly model costing more than a traditional commission model.

What will it cost to buy a property vs. what will it cost to rent?

A lot of times the lowest rate lenders actually have higher fees and closing costs, offsetting their low rate anyway.

I can REFI when rates get low again- but there is no telling how long that will be and it costs 5-10k to refi..