Temporary Home/Investment rental

[EconProf]

I really just don’t get your reasoning.
If you have $250k to buy, you can really get a good deal now and drive a hard bargain, true enough. But at the rate things are falling in price, in 6 – 12 months you can get the same place for less. Why buy now?
Furthermore, if you must buy now, with that kind of liquidity, you can get a terrific loan. If this is going to turn into a rental in a year or two, nothing like a 5% loan to make it cash flow. A common and profitable tactic is to buy a rental property with an owner-occupier rate loan.
Preserving your liquidity really keeps your options open; sinking it all into an all-cash purchase does not.

[Anonymous]

EconProf has a point. 30 yr. fixed rates are at around 5%, and we will almost certainly start to see inflation in 5-10 years, if not sooner.

Just as a benchmark: 10 year CDs are paying 4% right now, so it is very likely that you could find something that pays more than 5% sometime in the next few years.

You might want to keep your cash and make some nice returns on the high interest rates to come.

[Anonymous]

EconProf has a point. 30 yr. fixed rates are at around 5%, and we will almost certainly start to see inflation in 5-10 years, if not sooner.

Just as a benchmark: 10 year CDs are paying 4% right now, so it is very likely that you could find something that pays more than 5% sometime in the next few years.

You might want to keep your cash and make some nice returns on the high interest rates to come.

[Anonymous]

EconProf has a point. 30 yr. fixed rates are at around 5%, and we will almost certainly start to see inflation in 5-10 years, if not sooner.

Just as a benchmark: 10 year CDs are paying 4% right now, so it is very likely that you could find something that pays more than 5% sometime in the next few years.

You might want to keep your cash and make some nice returns on the high interest rates to come.

[Anonymous]

EconProf has a point. 30 yr. fixed rates are at around 5%, and we will almost certainly start to see inflation in 5-10 years, if not sooner.

Just as a benchmark: 10 year CDs are paying 4% right now, so it is very likely that you could find something that pays more than 5% sometime in the next few years.

You might want to keep your cash and make some nice returns on the high interest rates to come.

[Anonymous]

EconProf has a point. 30 yr. fixed rates are at around 5%, and we will almost certainly start to see inflation in 5-10 years, if not sooner.

Just as a benchmark: 10 year CDs are paying 4% right now, so it is very likely that you could find something that pays more than 5% sometime in the next few years.

You might want to keep your cash and make some nice returns on the high interest rates to come.

[citydweller]

pri-dk, how soon do you think we will see higher interest rates? I have a CD that is currently paying about 3%, and I’ve thought I should just pay down my mortgage, which is around 6.5%. But, I like having the cash “cushion”, and keep hoping that soon I can get at least 6.5% on my CD.

[citydweller]

pri-dk, how soon do you think we will see higher interest rates? I have a CD that is currently paying about 3%, and I’ve thought I should just pay down my mortgage, which is around 6.5%. But, I like having the cash “cushion”, and keep hoping that soon I can get at least 6.5% on my CD.

[citydweller]

pri-dk, how soon do you think we will see higher interest rates? I have a CD that is currently paying about 3%, and I’ve thought I should just pay down my mortgage, which is around 6.5%. But, I like having the cash “cushion”, and keep hoping that soon I can get at least 6.5% on my CD.

[citydweller]

pri-dk, how soon do you think we will see higher interest rates? I have a CD that is currently paying about 3%, and I’ve thought I should just pay down my mortgage, which is around 6.5%. But, I like having the cash “cushion”, and keep hoping that soon I can get at least 6.5% on my CD.

[citydweller]

pri-dk, how soon do you think we will see higher interest rates? I have a CD that is currently paying about 3%, and I’ve thought I should just pay down my mortgage, which is around 6.5%. But, I like having the cash “cushion”, and keep hoping that soon I can get at least 6.5% on my CD.

[Ren]

This is something my wife and I are considering, but not until this fall. We’d buy something in Temecula for $175-250k-ish, rental-friendly (4-bdr, newer, low hoa, low maintenance yard), then rent it out and move to the coast when prices are more reasonable there. The numbers make a lot of sense.

[Ren]

This is something my wife and I are considering, but not until this fall. We’d buy something in Temecula for $175-250k-ish, rental-friendly (4-bdr, newer, low hoa, low maintenance yard), then rent it out and move to the coast when prices are more reasonable there. The numbers make a lot of sense.

[Ren]

This is something my wife and I are considering, but not until this fall. We’d buy something in Temecula for $175-250k-ish, rental-friendly (4-bdr, newer, low hoa, low maintenance yard), then rent it out and move to the coast when prices are more reasonable there. The numbers make a lot of sense.

[Ren]

This is something my wife and I are considering, but not until this fall. We’d buy something in Temecula for $175-250k-ish, rental-friendly (4-bdr, newer, low hoa, low maintenance yard), then rent it out and move to the coast when prices are more reasonable there. The numbers make a lot of sense.

[Author]

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