If you have some savings for a down payment, you'll pay mortgage from the rent?

Discussion in 'Economics' started by crgarcia, Mar 24, 2009.

  1. If you have some savings (few Americans do, not even those driving BMWs), and you can afford to wait:

    You may get a house at the price of the down payment, you just pay the monthly mortgages with the rent.

    Of course you still need some money for a down payment, to cover the difference.
  2. god you start terrible threads.
  3. This whole website has turned into trash.

    My ignore list is growing exponentially.
  4. what are you talking about?

    Are you talking about the rent to buy option in rental apartments?
  5. This investment has a 10 year+ timeframe.

    Even if prices fluctuate 20-30% in the next 5-7 years, I'm not selling yet.

    This is a long term investment.