01-23-2007, 12:57 PM
Apoc Wrote:Dude, use realistic estimates... you really planning on buying a $600k house?
Those estimates are as realistic as it gets. And thats kind of the point. Why would I buy a $600k house, when I can rent the same house for $2350 with the reality of it is paying $600-700)?
And if you are only going to stay a few years in your first house, even if it is a crappy small condo, with very little equity appreciation you are going to lose your shirt if you sell it. The rental market is flooded right now with people in that situation.