Is selling after 2 years of ownership to rent an apartment a bad idea?
I purchased a 1500 sqft townhome for 480k with 6% apr at the end of 2024. I have had buyer’s remorse almost since the day I purchased the place due to its location.
My fiance and I are looking to possibly move early 2027. I am not sure if I’m emotionally ready to buy another place and take a chance on location, which is why the idea of renting an apartment (for cheaper) for a couple years popped in our minds.
I think I might be able to break even on my place recouping my initial down payment.
Is this idea delusional? Most of my family thinks it’s a bad idea and I should just buy another place.
u/Kicice — 4 hours ago