My husband is in the Navy and we will have to move every 4 years until he retires- another 12 years! I've always figured that since we won't live anywhere for more than 4 years that renting is the best option for us. This saves us from having to try to sell a house and the possibility of losing money on the deal because we won't have much (if any) equity in the house after only 4 years.
We are moving next summer and they say it'll be the best time to buy. But then what? We move in 4 years and sell it? Or try to rent it? I hate the idea of owning rental properties that we have to keep up and risk other people trashing... BUT I also feel like we're throwing away $1300 a month on rent! We don't make enough money to really save much while paying rent, and paying a mortgage would be putting money toward something that might one day be OURS... I'm totally confused. Anyone have any advise?
Answer by babycakes254 at 11:03 PM on Jan. 5, 2009
Answer by Anonymous at 11:04 PM on Jan. 5, 2009
Answer by Anonymous at 11:07 PM on Jan. 5, 2009
Answer by winkie_pinkie at 11:11 PM on Jan. 5, 2009
Answer by Anonymous at 12:45 AM on Jan. 6, 2009
Answer by britni11 at 4:31 AM on Jan. 6, 2009
Answer by Ms.Melanie at 9:06 AM on Jan. 6, 2009
Answer by ArmyWifeMomof3 at 9:39 AM on Jan. 6, 2009
Answer by chickadee8654 at 12:11 PM on Jan. 6, 2009
Answer by winkie_pinkie at 12:14 PM on Jan. 6, 2009