Quote:
Originally Posted by Stormspirit
Investment wise real estate, if you had 400k, would you buy a brand new Condo or a House in terms of renting it out and waiting for it to rise in value, which one would gain you the most money in the short and long term?
|
A house has the biggest chance to make money, but also has the biggest chance to lose money. Your Gamble
Personally, if I had that kind of money burning my pocket and could afford the mortgage, I would choose house hands down. Preferably with 2 basement units and a laneway home (if those were the only 2 choices)