Buy a house or pay off debt?
If you had ,000 would you buy a house or pay off debt? Let’s say you’re exactly ,000 in debt.
I’m getting a bonus from my job.
I also live in las vegas nevada which has the highest foreclosure rate in the country.
I wanted to buy a ,000 condo with a 30 year fixed mortgage and rent it out to tenants.
If I can’t rent it out I plan on living in it.
August 12th, 2010 at 2:10 am
I’d pay off the debt. It would be foolish to take out a mortgage with that much debt already.