buying a house!
Sunday, July 24th, 2005So I have this opportunity to purchase a house with my friend Beth that I was planning to start renting on August 1.
My landlord just called me a few days ago and asked if Beth and I would be interested in buying it. It is a 3 unit apartment house in W. Philly, beautifully restored, decorated, and furnished. She is offering to cover the down payment and if we are approved for a mortage we would just take it over from there. Beth and I would be the landlords and co-owners.
There are obviously a lot of questions to be answered, and we are carefully considering it. If any of you homeowners or real estate speculators out there have any feedback or advice–post away! I don’t want to leave any stones unturned as this could turn out to be the biggest financial decision of my life.
Thanks.
