Submitted by [deleted] t3_11ecl9h in personalfinance
alexm2816 t1_jad7aer wrote
Take a look at your budget.
You're looking to spend an additional $2000 / month and then you're on the hook for maintenance and repairs. Does your budget have $2k a month plus utility increase plus maintenance without compromising other goals?
If you can rent a comparable home for $2000 it may make sense to rent vs buy unless you're committed to the area for a long long time.
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