Updated over 14 years ago on . Most recent reply
Rent or Own?
So what does everyone think. Do you think you should own your own home first, then start investing into real estate? Or do you think its smarter to rent a place that is much cheaper then owning to save up funds? Ive heard people bring this up from time to time.
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Remember that the mortgage on your personal residence is often the cheapest money you can borrow.
You might also buy a home that converts into a good rental when you are ready to move.