Re: Buying house, interest only loan the way to go?
Parents who have credit credit will co sign on the loan for me so i dont think getting a loan is a problem. Currently I am making just into the 6 figures a year so the monthly payments wont be a problem, plus i would be renting out some rooms to compensate some.
the other alternative is putting the money into the stock market and just renting an apartment for the next few years here. i just feel like why throw away that 550 a month when i could be building equity in a house.
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