Please delete Justin. Double derp post.
Wed, Dec 11, 2024 2:04 PM
Just using this as a place to vent and wondering if others are in the same boat.
I've been hopping around with temp leases since ~2021. I'm over it and I REALLY want to buy something to basically "get in the game", potential investment property, build equity, blah blah. By late-spring 2025, I should be able to make a move or at least get more serious about it.
The dilemma is where? What and how much to spend? Do I keep waiting/stacking cash. Rent forever? Condo or house? I don't really want to sign a long term lease, furnish it, and then potentially buy and bounce. I'm happy with the temp/furnished lease setups. They aren't that hard to find.
I go back and forth constantly between Denver, East Nashville, or possibly the suburbs of Nashville (I'm pretty sure this option would kill my soul).
Denver is my #1 choice, but obviously the most expensive. Costs here are just fucking absurd and paired with the interest rates, it will take a monster down payment to make it doable and not end up "house poor." I'm currently living in the Rino area of Denver, I'd kill to buy a place here and it would be a very solid investment, but still crazy inflated. 600k apartments. Yay.
4 years ago I'd have no problem with any of these options. Our HH income is in the fucking 94th percentile and owning where we want still seems out of reach. Very frustrating.
Here's to hoping Donald's supreme influence can decrease rates. If they get closer to 5% and I'm in the game!