Ideal purchase for my situation, there’s a better than 50% chance I live there until I die. Anyway, it’s one bedroom, 2 bath literally right down the street from my apartment. There’s almost no other comps in the area, so it’s incredibly hard to find a house in the area, in my price range. My commute to work doesn’t change, and I can still come home for lunch during the day. Nothing really changes.
As you can imagine, I had a good amount saved, so I was able to put down 7%, making my monthly mtg payments only a few hundred $ more than my current rent.