Wife and I (with 200k net income, w two small kids) decided to now rent instead of buy a property to live in. We have an Ortigas condo in our possession paid for generating 30k but we’re thinking of moving to upper antipolo since WFH forever and healthy for growing family.
Questions:
1.) Our thinking is that if we buy a house now to live in, then we’re conflicted between what is an investment and what is personal. so decision to rent instead comes off from this. does it make sense?
2.) What are all the apps and avenues that we need to explore (e.g. Lamudi, FB marketplace) to say that we have made a thorough search of our rental options?
3.) Given our income, any chance to invest in real estate without taking out loans that big? Like buying farmlots in the province and if so, where to start?
Thank you!
Questions:
1.) Our thinking is that if we buy a house now to live in, then we’re conflicted between what is an investment and what is personal. so decision to rent instead comes off from this. does it make sense?
2.) What are all the apps and avenues that we need to explore (e.g. Lamudi, FB marketplace) to say that we have made a thorough search of our rental options?
3.) Given our income, any chance to invest in real estate without taking out loans that big? Like buying farmlots in the province and if so, where to start?
Thank you!