Townhome Vs Single family home
Townhome common wall: 270k Single family home : 480k Which one to choose in terms of price appreciation and rental? Currently on H1B visa
In general the less you pay for it the better....if its shity, all the money you spend to not make it shity is tax deductible ...and you increase value of the house when you done with not making it shity.
Depends a whole lot on the local market demand, and you didnβt specify where...
Sfh, always.
This is not sufficient information. Why is there a thread like this at least once a week
SFH, provided it's not in one of those societies that has HOA associated with. Owning a Townhouse will have you shell HOA cost every month, plus depending on how long you intend to keep it, you might have to shell out for other HOA board decided and voted upon special projects (painting, road repair, roof repair, etc.), which might be several thousands of $$. SFH gives you full freedom and flexibility to manage your property (plus expansion if you every want to do that). P.S: I believe the appreciation on SFH is better than on townhomes too, but that might be location to location basis.
Thanks.. HOA of that society is 40$/month with good community which has an elementary and high school located in the same community.. I think I will opt for SFH
If you have a h1b, don't buy anything. When they issue rfes you will suffer.
Not sure I completely agree. If OP has capacity to pay off the property, regardless of working from US or another country, then no harm in purchasing. It's an investment!
The suffering I have seen is not worth the investment. You can always invest in stocks
Buy the better location.
I bought a townhouse ~13 years back. So far, I have paid about $50K in HOA fees. I wonder if I should just have paid 50K or even 100K more and bought a SFH back then.
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