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Old 09-26-2004, 02:39 PM  
Drake
Hello world!
 
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Join Date: Mar 2003
Posts: 12,508
Started off renting, now I own. Most start out this way because you just don't have enough for that downpayment.

Renting really is throwing away money. You basically pay the same for a mortgage but with the mortgage the more you pay the more you own. The rent money you never see again. For mortgage payments, you have something in the end to show such as your own house.
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