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Dusty Register
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When Does it Not Make Sense to Buy?

Dusty Register
Posted Jul 23 2018, 16:42

Good Evening Everyone,

I'm still relatively new to the forums and the concept of REI in general, but couldn't imagine a better forum to pose questions/solicit some feedback! My fiancee and I are getting married in October, and are weighing the pros/cons of buying vs. renting. Here are the facts:

1. We are looking in a relatively expensive area (suburban Atlanta).

2. We plan on moving to a new city within the next two years.

3. We have been pre-qualified and have enough cash to match a 20% down payment.

4. We know little to nothing about fixing up/adding value to a home, but are more than willing to learn!

5. Rentals are in high demand in the areas we are interested in.

Given the above, does it even make sense to purchase a single-family home now, then rent it out via a Property Management Company when we move?  Or should we solely be focusing on finding a property to rent for ourselves, so that we don't end up without a home come October?  

Thanks!

Dusty

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