Quote:
Originally Posted by 58thecat
Completely depends on your financial situation...if you got a few bucks buy a fixer upper or a rental place in which you can life in and rent out a space helping cut over all costs and the fixer upper is a no brainer, location, potential to turn over with a little elbow grease and then sell, move into another type property and repeat. I guarantee well under 20 years you will be mortgage free in a house that you completely enjoy and then put that would have been mortgage payment away into a plan for retirement, emergency funds and ihhhh yeah trips and a few toys....not hard to do. Break it down into 5 year plans, stay the course and you would be surprised how time fly's by and you own everything and then some....
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X2 ,this is solid advice, look for something you can make noticeable changes,that will enhance its worth, property size also important, sometimes people buy because it's a nice yard.