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Minx · 05-06-2003, 07:47 AM

My advice is go for the property. The best advice my father ever gave me was that you can never go wrong with owning land. I suppose it depends on the type of property you'd be buying. If it's a house you plan on living in then I would say do it. You can always borrow from the bank for a new car down the road once you established your good credit through a mortgage. If you are planning on buying in order to rent it out I would still do it but I would be much more cautious as then you are dealing with the potential expenses of bad tenants. You are young yet and seem to be doing well with a good job and all so enjoy it and the fact that you have the ability to do something like this. And, if you go for the property this young then think how much sooner you'll have it paid off! Good luck either way.

05-06-2003, 07:47 AM	#6 (permalink)
Minx Junkie Location: Up yonder	My advice is go for the property. The best advice my father ever gave me was that you can never go wrong with owning land. I suppose it depends on the type of property you'd be buying. If it's a house you plan on living in then I would say do it. You can always borrow from the bank for a new car down the road once you established your good credit through a mortgage. If you are planning on buying in order to rent it out I would still do it but I would be much more cautious as then you are dealing with the potential expenses of bad tenants. You are young yet and seem to be doing well with a good job and all so enjoy it and the fact that you have the ability to do something like this. And, if you go for the property this young then think how much sooner you'll have it paid off! Good luck either way. __________________ You've been a naughty boy....go to my room!