anyone pls help me! it's 4 my proj. wat wud be better if u're a family doctor, a mortgage house/condo or apt.?
401780
Owning your own housing is better in the long run.  The payments are fixed if you have a 30 yr loan, where as, an apartment could and most likely will increase each year of the lease.  Banks are more than willing to loan young Dr's or residents for housing purchases because they know they have a very good future ahead of them!
964043
Is your home your investment tool or where you want to live?  It's nice of course to expect to make some money when the time comes to sell your home, but there is actual value in liking where you live, not to mention having a mortgage well within your means.\n\nStay where you are, make your house your home.  Enjoy it and live with little financial stress.  That's better for your health, your marriage, your children and the country.
1164893
All previous answers are not without merit... But there are two major points of consideration: 1. privacy---living in a condo is much like living in an apartment complex and if you have children/pets it could be a pain, 2. Resale value---normally condos do not command the same prices as comparable single family homes.  Single family homes in general sell for more and faster. Moreover, the money you will Be paying in maintenance fees you can save for repairs and yard maintenance as needed. Besides, your kids/dog/cat will thank you for the backyard space.  Invest in the best neighborhood you can afford...buy always thinking someday you will want to sell. Good luck!
1069800
Put in refinance mortgage bad credit and see what you get.\n\n\nLC
577918
BUYING IS ALWAYS BETTER!  People that rent are making landlords rich, and I thank my tenants for that.  If you were to buy a condo in an area of good appreciation, you have equity in the home whether you are ready to settle down or not.  You are putting money into your own walls as opposed to a landlords pocket, whose mortgage YOU pay when you rent.  I know people that are 20 years old buying real estate because they have educated themselves on this subject.  There are many tools out there for first time home buyers with little or no money to put down.  Research buying or put someone Else's' kids through college.
414699
Do the doctor thing.  It's easier and you get paid more.
981051
First, how is your credit?  It's more a credit issue than an age issue.  Second, how is your employment history? With today's economy, that's a really important issue.  \n\nFrom my experience, as a second time house buyer, I was certain I would not qualify for a mortgage at great rates.  Since I hadn't bought a house in 10 years, I was recently divorced, making very little money, I knew nobody in their right mind would want to finance me.  I figured, as much as I hated the thought of renting, it may be the better option of the two (I was currently living with my parents with my two children).I had called about a rental, knowing it was out of my range, but I was desperate.  It so happened that I was talking to a real estate agent.  She ran my credit report, showing a 797, 802 and 809.  She said with that, I had no worries.  So, together we found a home and I have been here since June of 2005.  \n\nWords of advice, be sure your taxes and insurance are included in your monthly payment.  \n\nGo for it - you sound like a 20 yr. old with a head on your shoulders and are ready for the homeowner responsibility.  Do your research and be sure you are prepared financially.  Good luck!!
988119
What if your husband could put some more hours in to support you while you attended school? Also, you mentioned on another page you work with credit, so I'm sure you could find ways to obtain a loan during that time. Final option: downsize. Too many people voluntarily join the "rat race" with their monthly payments on a nice car, nice house, and other items that aren't necessary.
214213
That depends on the rest of your personal finances. Personally when renting I wouldn't (or should I say didn't) go above $650. That income, why rent at all? Believe it or not our morrtgage is less than what we were renting our townhouse for. Look into both options and decide what is best for your lifestyle.
98674
Either way you go. Move or stay. Make sure that you are putting money away for a rainy day.  The mortgage industry goes through some slow downs just like the real estate market.  Where ever you end up make sure you build a network of people that can provide you lenders.  Stay in touch with realtors and builders.  \n\nFrom what I hear, there are a lot of new developments going in around the Los Vegas area.  Sounds like a great opportunity.
554496
I feel your pain...I retired to Canada (partially for that reason) a number of years ago and was quite pleased with the health care......a family doctor in Canada is very versatile and can treat a number of ailments including minor outpatient surgery in his/her office...other side of the coin..if you have to go into a hospital, more often than not, unless it is a life or death emergency, you will face a lengthy (several months) wait....now, there IS more to the story....I was able to do this, because at the time, I was married to a Canadian citizen...after a minimum of paper work I was granted health care priviledges...what you would have to do as a non-Canadian citizen to be granted residence in Canada, I'm not sure.........and of course, in this world there is no free lunch, income taxes were considerably higher; and there is/was a modest monthly cost for health care premiums....this was in 1998....if there have been changes since that time, I am not aware of them...........also, I mentioned that was only one of the reasons I moved to Canada...I was living in Victoria, Vancouver Island and it's one of the most beautiful places on earth..the Canadians are great people...ALSO, the U.S. dollar was was about 30 to 40% higher than the Canadian $.....not so now; and it's dropping....so, you've much to consider......good luck!!
1030812
Computers, and real estate offer a better life style. The average doctor has a debt of $100,000 in loans etc when he/she finishes school. With all of the changes in medicine, I'm not sure I'd do it again. It certainly has its positive sides but the negatives are huge too. Best wishes.
1062945
Go to realtor.com and check out houses with section 8 already in place your get an income with that leave your taxes for that property and invest in more houses in the end your have a large portfolio of properties it will give you time to do the things you always wanted to do. Check out Rochester NY there's lots there.Don't do the programs if you can start with little down for a mortgage.These programs maybe a scam so be careful.
451183
A condo is great if you are a busy and do not have time for maintaining a home. You are buying Air Space. There are common areas and monthly Home Owner Association Dues. Usually your water,garbage, and sewer are included. The Association usually takes care of building insurance you only need renters insurance. It might even have a pool or tennis courts and a club house. Town homes are a little different you have your own entrance and usually there is still a HOA but it is yours. Some include snow removal and lawn care and landscaping. If you want your own back yard then you want a home.  But you do everything your self. There are Patio or Coach homes that are single family but maintenance free meaning they do all the snow and lawn. Same but different.
1165901
Let wifey finish school and then buy the home. There is no use rushing into a mortage and you are not financially ready. It may mean a few more years but it can also give you a peace of mind. Good Luck!
213627
how long do you plan to live in it? how important is it to be a homeowner? if you overpay 15% today and next year want to move to a different house, then chances are that it will also be cheaper and it won't matter to you.\n\nquality of life rules!\n\ni bought in Portland last year and the value has gone up 15% or more, depends on neighborhood.
202312
Are you serious?????!!!!  I have been doing mortgages and real estate for over 7 years and I still learn something new about my job everyday.  \n\nI would like to say that there is never a stupid question, but this one may be a bit challenging.....jees.....