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Updated almost 9 years ago on . Most recent reply

User Stats

75
Posts
13
Votes
Devin E.
  • Investor
  • Torrance, CA
13
Votes |
75
Posts

To buy or to rent. That is the question.

Devin E.
  • Investor
  • Torrance, CA
Posted

Good Morning, 

So for the last few years I have been living with family which has allowed me to save money and purchase a few properties. My family has recently informed that I will have to move within the next few months. I live in Los Angeles and because of work I am unable relocate. I can afford to purchase a home but the way the market is in Los angeles I'm not sure if that is such a great idea. So I'm wondering if it is smarter for me to rent and continue to invest or would it make more sense for me to purchase a home or a multi-family to live in. I want to make the best decision financially so that I can continue to invest and have my money work for me. thank you in advance for any advice you may have for me. 

Thank You,

Devin

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