Chevrolet Corvette Stingray C7 Forum - View Single Post - Real estate/Financial? Anyone in the know?

frenchsquared · 01-31-2017, 05:06 PM

I don't know why everyone would not want to rent. I have 8 rentals. Basically you get a free house. I would rent yours for a few years to make sure you are happy with her house. Then later you can sell them both and get your house so its not her house.

Rent $500 to $3000 a month... closing cost.... $1500.... how do you not get that back? Find a better bank to do your closing.

Or you pay rent of $1500 a month for a house for 5 years. 1500 * 12 * 5 = $90,000 how the hell is it not cheaper to buy?

01-31-2017, 05:06 PM	#7
frenchsquared Drives: 15 Z28, 01 Corvette, 96 Corvette Join Date: Dec 2016 Location: Colorado Posts: 863	I don't know why everyone would not want to rent. I have 8 rentals. Basically you get a free house. I would rent yours for a few years to make sure you are happy with her house. Then later you can sell them both and get your house so its not her house. Rent $500 to $3000 a month... closing cost.... $1500.... how do you not get that back? Find a better bank to do your closing. Or you pay rent of $1500 a month for a house for 5 years. 1500 * 12 * 5 = $90,000 how the hell is it not cheaper to buy? __________________ 2018 Sierra RCSB \| 2015 Z28 Camaro \| 1989 B2200 with a 327 \| 1996 LT4 Z51 Corvette \| 1973 427 Nova