FlyerTalk Forums - View Single Post - Getting Foreclosed and moving into Hotel
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Old Sep 8, 2009 | 2:03 pm
  #47  
BDG8R
 
Join Date: Feb 2008
Location: ATL
Programs: Delta Platinum, SPG Platinum, Marriott Platinum, Hilton Gold, Avis First
Posts: 150
Watching the thread since it opened, but still can't figure out the numbers for no financing. With $600~ spend, even if you save $1000 a month ($1600 is pretty high for Tampa rent, wherever you are staying), if you want to buy a $150K home (low end in FL), that would equal 150 months, or 12.5 years. Way too long of a wait (assuming home prices don't go up, etc.). And at that point in your life I don't know if you'd want a starter home anyway. Of course timing can change if you invest, etc, but it won't be within next 3 years for sure.
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