21 yo male, heading into my last semester of school, no debt, $16k in Roth IRA, $20k in savings, $1,700 net monthly income through December 2020, $85k yearly starting January 2021.
My grandparents have offered me to “rent to buy” a house they own in my town. They will charge $600/month starting July 1, 2020. The home is really nice and has already been remodeled. Long term I’d like to have it as a rental property, a primary reason I’d like to move in now.
I’ve lived with my parents all through college, saving as much as I can. They would be fine with me staying with them this last semester of school and even into the start of my full time job. So I’m wondering if I’m being dumb to move out? I could save so much more by staying at home obviously, but I feel like I need more personal growth by being on my own and paying the bills. What do you think?
Submitted June 04, 2020 at 07:53PM by onefiftyam https://ift.tt/309fzfv
