answersLogoWhite

0

Pros of buying a house for a college student include potential investment value, building equity, and potential rental income. Cons include high upfront costs, maintenance responsibilities, and potential lack of flexibility.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance

What are the pros and cons and steps to follow when buying a new home for cash?

I'm not sure I understand the question. Do you mean the pros and cons of buying a home WITH cash? Or do you mean buying a home FOR cash, ie for investment purposes?


What are the pros and cons of buying a townhouse compared to a traditional house?

Buying a townhouse offers benefits like lower maintenance and cost, shared amenities, and a sense of community. However, townhouses may have limited space, shared walls, and potential restrictions from homeowners' associations.


How can I navigate changing jobs after buying a house?

Navigating changing jobs after buying a house can be challenging, but it's important to consider factors like commute, salary, and job stability. You may need to adjust your budget, explore remote work options, or consider renting out your home if needed. It's crucial to carefully weigh the pros and cons before making any decisions.


What are the pros and cons of car rental versus buying a car?

The pros of car rental include flexibility, no long-term commitment, and lower initial costs. The cons include limited mileage, potential for extra fees, and no ownership. The pros of buying a car include ownership, no mileage restrictions, and potential for long-term savings. The cons include higher upfront costs, maintenance expenses, and depreciation.


What are the pros and cons of bridge loans?

Bridge loans can provide quick access to funds for buying a new property before selling an existing one, but they often come with high interest rates and fees.

Related Questions

What are the pros and cons and steps to follow when buying a new home for cash?

I'm not sure I understand the question. Do you mean the pros and cons of buying a home WITH cash? Or do you mean buying a home FOR cash, ie for investment purposes?


What are some pros and cons of buying a Pontiac Torrent?

Pros and cons of buying a Pontiac Torrent are that you need to weigh in the price, and the effectiveness of purchasing this. There are some sites that you can check to weigh these options.


What are the cons with shopping with Chinese wholesalers?

Some of the pros and cons is that buying from a Chinese wholesaler means you are paying less because you don't need to pay for the journey to get there. One of the cons would be the size difference as you are only buying what you see from the images provided. More pros and cons can be found on Dan Views.


How to make sentence using pros and cons?

After weighing up the pros and cons, Albert decided against buying a new car.


What are the Pros and cons of being a Student athlete?

pro.... sports are awesome... con less time to work for $ and work on homeworkz


What are the Pros and cons of buying second hand?

Pro:its cheeperCon:it coud be broken


What are the pros and cons of buying a house or leasing a house for only 6 months what are the tax exemption rules for leasing?

Leasing is a form of renting. With leasing, you lock in the rental amount per month for the term of the lease. You get no tax benefits. The tax benefits are applied when you purchase a house.


What are the pros and cons of buying a townhouse compared to a traditional house?

Buying a townhouse offers benefits like lower maintenance and cost, shared amenities, and a sense of community. However, townhouses may have limited space, shared walls, and potential restrictions from homeowners' associations.


What are some cons for attending college?

All the money it costs


Where is a good website to check the pros and cons of buying into a vending machines franchise?

You can check the pros and cons of buying into a vending machines franchise at http://www.buzzle.com/articles/vending-machine-business-pros-and-cons.html. The site has an article that is very resourceful.


What are the cons of buying a used car from mobile Alabama?

There are some cons of buying a used car from mobile Alabama. For instance, the car may have some problems that you will not be aware of until after a couple of weeks. This might force you to be a frequent visitor to the auto repair stores.


How can I navigate changing jobs after buying a house?

Navigating changing jobs after buying a house can be challenging, but it's important to consider factors like commute, salary, and job stability. You may need to adjust your budget, explore remote work options, or consider renting out your home if needed. It's crucial to carefully weigh the pros and cons before making any decisions.