4 ms·
> A person does not need $50,000 cash to move into a rental unit The downpayment is indeed a hurdle to get into ownership. There are times/banks which will all
by jjav 5y ago
> A person does not need $50,000 cash to move into a rental unit
The downpayment is indeed a hurdle to get into ownership. There are times/banks which will allow a much lower downpayment, though that has its risks.
> let alone the cost of taxes, upkeep and maintenance
The renter is of course paying for all of those, as the landlord is passing on all the costs and making a profit on top.