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The typical rent vs buying question but for me personally.

Here are my stats: Salary $59,000 Savings $10,000 Investments $7,000

No debts right now at all.

I'm living in Dallas, TX. My job will keep me in the Dallas area for the next 2-3 years guaranteed and it could be longer.

My question is it worth buying a condo or townhome or should I just rent. I believe I can afford about a $200,000 condo / townhome. The Dallas market is only going to continue to grow in the future. My thoughts on the back end is if I move for my work I believe I will still be able to rent it out.

Im looking at places in the downtown / uptown area. For this price you obviously wouldn't get the nicest place on the market but there are options available.

Is my math correct and is this proper thinking?



Submitted April 22, 2017 at 01:53PM by Thataboyd http://ift.tt/2p3j6aB

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