I am a student, should I rent an apartment or buy a house?

As a college student, should I keeping living on campus, rent an apartment, or buy a house instead then rent it out to make some money?

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    Buying and renting property is a smart way to build long term wealth. Having a down payment is only part of the battle. Do you currently have a job and have you had it for 2 years with 2 years of verifiable income? If you don't, you may not be able to get a home loan. If you have those requirements met, call a loan officer and see if you can get a pre-approval. Buying is usually better because you can deduct your taxes, insurance and so on while the monthly payment is usually cheaper.

    2019.08.01 18:0

    Please leave your knowledge and opinion!

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