>The leverage you can get is fantastic, and the interest payments are generally similar to what you'd be paying in rent anyway. Careful. The interest payments

>The leverage you can get is fantastic, and the interest payments are generally similar to what you'd be paying in rent anyway. Careful. The interest payments are only one piece of the puzzle, albeit a big one. A renter does not need to pay maintenance/upkeep, taxes, and (sometimes) utilities. For a single family home, these later items could be in the ballpark of $1000 per month (sometimes less, sometimes more).