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I'm with Bill
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
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I was always told to add a zero to your rent monthly payment and that is what your "supposed" to purchase for.
Too many times I see prices so far out of line its crazy. The house your renting for $1450 a month can be purchased with a mortgage payment in the $3000 - $3500 a month?
Those sale prices are insane and I too would rather rent that buy. I have to wonder how long before the sale prices come back down to earth.
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1978 Mini Cooper Pickup
1991 BMW 318i M50 2.8 swap
2005 Mini Cooper S
2014 BMW i3 Giga World - For sale in late March
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