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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: Jurgis Bekepuris who wrote (1634)6/1/2013 11:29:59 AM
From: John Vosilla1 Recommendation  Read Replies (1) of 2722
 
I would guess where you are as long as PITI is close to equivalent rent, there is little to no new construction and the high paying jobs are secure prices won't fall for the forseeable future? You can pay a very high price but borrow at low 3 percent rate for 15 years build a ton of equity paying that mortgage down fast even if prices go nowhere.. People have to live somewhere and live their lives. Now if you actually have lots of cash there are way better places to put your money as we've discussed..
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