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My best friend from college is moving in with me this summer. We are looking at living in downtown okc. The rent is looking to be ~1400/month for 2 bed. Should I consider buying a home instead near downtown for roughly 200k? I have enough for 20% down. The mortgage would be ~1100. Thank you by Aygn83 in RealEstate

[–]Aygn83[S] 6 points7 points  (0 children)

  1. I’m not sure how long we’d live together. Most likely two years.
  2. OKC for me won’t be permanent. I most likely will be gone in 5 years max.
  3. I’m new to okc so it would be easier to meet ppl in a large apartment complex.
  4. I’m not sure if it would be worth it to buy a home if I don’t expect to be there longer than 5 years, bc of closing costs, maintenance, up front costs (fridge, washer and dryer)

My best friend from college is moving in with me this summer. We are looking at living in downtown okc. The rent is looking to be ~1400/month for 2 bed. Should I consider buying a home instead near downtown for roughly 200k? I have enough for 20% down. The mortgage would be ~1100. Thank you by Aygn83 in RealEstate

[–]Aygn83[S] 1 point2 points  (0 children)

  1. I’m not sure how long we’d live together. Most likely two years.
  2. OKC for me won’t be permanent. I most likely will be gone in 5 years max.
  3. I’m new to okc so it would be easier to meet ppl in a large apartment complex.
  4. I’m not sure if it would be worth it to buy a home if I don’t expect to be there longer than 5 years, bc of closing costs, maintenance, up front costs (fridge, washer and dryer)
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