Buying a house while in college?
Hello, been reading some real estate books recently. Came up with an idea to buy a house while in college and live in it with a couple of friends. Even with cheap rent the friend's rent should cover the mortage. I live in the middle of Kansas so hosues aren't too expensive. Probably could get one for $60,000. I'd have about $5,000 to put down. Is this possible?
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