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I'm not following your math. PITI for a $1M house with 20% down is around $5,000/month. You're saying you can rent a $1M house for $0/month?
by ralph84 8y ago
I'm not following your math. PITI for a $1M house with 20% down is around $5,000/month. You're saying you can rent a $1M house for $0/month?
- deleted 8y ago[deleted]
- closeparen 8y agoCondos similar to my apartment cost about 2x as much monthly, after 20% down.
- ralph84 8y agoI wasn't disputing the possibility of that, I was disputing the possibility of coming out $60K/year ahead by renting a $1M house instead of buying it.