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djmcmath djmcmath is offline
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Join Date: Nov 2003
Location: West of Seattle
Posts: 4,718
It's good to know I'm not the only one. I'm not looking to move, but rather for an investment. There are a couple of incredibly cheap pieces of land near here, and my father-in-law's neighbor has had his house on the market for 6 months or so. I know a number of people who have done well in RE for rental purposes, but I've also heard some horror stories. While it's a great hedge against inflation, and money is cheap right now, I'm hesitant to give up that much liquidity.

But you'd be living in it -- if I was in that case, I'd definitely move. Keep the old house as a rental, at least until the market recovers enough that you can get better money out of the sale?

Dan
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Old 11-10-2010, 02:43 AM
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