Quote:
Originally Posted by WilliamTheIrish
Unless fuel has jumped in price it was actually +/- .10c per gallon. Been keeping tabs on that. So I think the idea of not having a mortgage may have been a little premature. However, I don't know that I'll stay over two years, so best to go the safe route.
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Absolutely. In fact, I am a little more conservative and would perhaps be inclined to raise that to 5 years. The moment you KNOW youll be there 5 years is the time you wanna pull the trigger...At least in today's market IMHO. Anything less than that involves quite a bit more risk. Anything more than 5 years involves very, very little risk if the property meets a few simple criteria....but yah your logic is very similar to mine in that regard.
Best of luck in your new digs, brother.