Quote:
Originally Posted by crockett
no way would I buy a new house yet.. the prices aren't bottomed yet.
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Yeah. I keep thinking the same. They say 12-24 more months and a "maybe". But I do not want to live in my same place this year (no central air).
So I am thinking of getting a nice place, nothing over the top, but something with central air and more space. Fix it up a bit, and rent it out in a year or two. I do not plan on staying in this area, and the house I buy now will not be a house I stay in more than 3 years. I am looking at moving to the west coast, at least 6 months of the year, in the next 3-5.
But I need more space, and central air. Maybe I'll rent a nice place, and buy up some investment/rental property in the meantime. Just kicking some ideas around on how others are reinvesting.