for my first occomadation should i rent or get a mortgage?
2007-01-21 04:37:18 · 4 answers · asked by Anonymous in Family & Relationships ➔ Singles & Dating
Get a mortgage. When you rent thats just giving money to someone else and they can tell you how to live and what to do on their property. Whereas, when you mortgage it is your property. You can do what you want to on the property and you don't have to answer to anyone but you. Also, you can make improvements to your property, a new roof, windows, etc. and your property will be worth more.
2007-01-21 04:43:04 · answer #1 · answered by Terry Z 4 · 0⤊ 0⤋
first time out, rent.
get use to it for a couple of years(there's more there financially than you'd think). After that,maybe you can start looking for a little starter home. Try something with 2 bedrooms. It'll resell better than a single.
2007-01-21 12:42:50 · answer #2 · answered by riddler2237 4 · 0⤊ 0⤋
if you have the resources for mortgage its definately the better choice
2007-01-21 12:40:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
well its really what you can afford owning is better
2007-01-21 12:41:38 · answer #4 · answered by peg42857 4 · 0⤊ 0⤋