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Old 12-14-2007, 09:54 PM
Baditude Baditude is offline
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Join Date: Feb 2004
Posts: 574
From what I was always told anything less than a 3 year commitment in a really booming market or 5+ is a ok market then rent more than that then buy. Always be prepared to have to sit on the property or rent it out if the market is rough when you need to move. My husband and I have gotten lucky with the last couple places we had. We bought the worst house in an improving neighborhood and the remodeled as we lived there. We have more than doubled our investment each time. However the market across the country is **** right now and predicted to continue on a downward slope for at least another 18 months so be careful and do your research.
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