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Author: JBJarv Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127539  
Subject: Re: Buying for future renting Date: 9/7/2013 3:02 AM
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Thanks for the inputs. I think points might be a good idea, if I had the cash to buy them, just to get the lower interest rate. This becomes a bigger factor because, like the house we are moving out of, our plan is to hold the property long term, only renting it out after we move 4 yrs or so in the future.

"Don't rent out a house that you'd rather sell." Our plan is to have a renter pay our mortgage and repair fund, and keep the house as a long term investment. I like the article you linked me to, but we aren't upside down in the house. If we get the rent we expect to, then the property manager and repairs should be mostly covered on the house.
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