I am 32 in Michigan. I have inherited $60k. I have $20k I’ve been able to save up over the years. I’m getting married this summer (courthouse) and want to start a family. Right now I have 0 debt. I have 0 towards retirement. The past 7 years I have lived like I’m retired in case I never made it that far lol. Been traveling in a camper, working at resorts.. it’s been a blast! But now I want to settle down and can definitely afford it. My credit is top notch. I am pre approved for a $250,000 mortgage. I also have the option to rent out a family members basement that has its own kitchen, living room and 2 bedrooms for cheap. Should I buy or rent in today’s situation?
Any advice is appreciated!
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source https://www.reddit.com/r/RealEstate/comments/1qrpxq8/plz_help_should_i_buy_a_home_now/
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