Re: You have $400k in cash, buy House with it or rent & invest
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What kind of rent do you charge on a $400K house?
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Where I'm from it's generally around $3,000-$3,500/mo.
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Where the heck are you from?
You could borrow the full $400k and owe significantly less than $3k a month in PITI, assuming 1% property tax. That doesn't add up.
eastbay
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There isn't one answer to this question. In any rental, you charge as much as the market will bear. The price of a house has almost nothing to do with the rent. Also, different investors might have different goals, which could effect rents as well.
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