What do you do when you can’t afford your house?
December 20, 2008
cjp2405 asked:
I’m thinking of selling my house and renting for a while. I won’t make much from it, since I’ve only lived here for 2 years. I’m hoping to make about 5-10,000. Would it be better to buy a condo or townhouse untill I’m back on my feet? I’m concerned that if I rent I will never have a down payment to buy again. Can you only have an FHA loan once in your life?
What should I do?
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I’m thinking of selling my house and renting for a while. I won’t make much from it, since I’ve only lived here for 2 years. I’m hoping to make about 5-10,000. Would it be better to buy a condo or townhouse untill I’m back on my feet? I’m concerned that if I rent I will never have a down payment to buy again. Can you only have an FHA loan once in your life?
What should I do?
Caffeinated Content for WordPress
Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.