Thinking about renting my house?

  • Thread starter Thread starter V T
  • Start date Start date
V

V T

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Hi friends, I need advice and feeback from you. I just purchased a nice house to live in a few months ago from a bank for a great price. I put in 20% down payment so my monthly rent is about $1200 per month.

Well, I just found out that I might be able to rent it out for around $2000.00
per month. So, if I rent it out I can use the extra money to
pay for an apartment and therefore I can live for free:) Also, I'm single and the house is too big for one person so I kinda missed my last cozy apartment.

Is this a good strategy? Would you do something like this if you were in my situation?

Thanks,
VT
 
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