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TopicInvest in stocks, or try to get a condo?
Zachnorn
03/30/21 2:22:42 PM
#51:


SwiftyDC posted...
Ive bought and sold a house due to being in the military and moving around a lot. Ive made more money selling a house than I would have saving up money in the time I spent at that location. Right now the market is pretty crazy and if you were selling people would be paying 50k over your asking price.

You can also rent out rooms to ease the monthly payments.

SwiftyDC posted...
Ive bought and sold a house due to being in the military and moving around a lot. Ive made more money selling a house than I would have saving up money in the time I spent at that location. Right now the market is pretty crazy and if you were selling people would be paying 50k over your asking price.

You can also rent out rooms to ease the monthly payments.
Good point. I've heard that condos generally appreciate more slowly and fall in price faster than houses. I'm not seeing too much movement in LA condos, though they're getting past what I can get loaned to me.

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