Why pay $950 rent, when you can buy for $550
FHA today at 4% interest, 3.5% down and credit score 640 or higher. Why rent that $100,000 house for $950 per month, when mortgage payment, tax and insurance is $550 per month. Plus you write off the interest and save on income taxes. Don’t be upset the rich guys try to lower their income tax, this one is for you.