Sometimes you can choose both options...
When you first buy your first home...
It's either in the place that you don't really like, but the return of investment rate is high...
Or
It's a home that you fall in love with and just have to have it with all of your life savings...
What would you do it that person is you???
2006-11-20 09:32:53 · 4 answers · asked by Jimmy the Cricket 3 in Family & Relationships ➔ Family
A home is rarely a good investment...so only if I fell in love with it.
2006-11-20 09:45:35 · answer #1 · answered by svmainus 7 · 0⤊ 0⤋
For me it would have to be some place that I fall in love with and have a good vibe about... There's no way I could buy it without loving it no matter if the Return investment rate was 3 times what I spent originally...if I don't love it I won't feel comfortable in it therefore I wouldn't buy it.
2006-11-21 09:27:14 · answer #2 · answered by Lucky 5 · 0⤊ 1⤋
Why not make it both !!?
Buy a multiple family (duplex, 4 plex or even bigger) dwelling and have the tenants pay your mortgage!!
What a great way to get ahead...
2006-11-20 10:07:17 · answer #3 · answered by Kitty 6 · 0⤊ 0⤋
place of dwelling and then if i can invesst- i'll invest
2006-11-20 09:34:50 · answer #4 · answered by Ms.Budonkadonk 4 · 0⤊ 0⤋