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moderndukes t1_j9u848e wrote

Reply to comment by Kooky_Deal9566 in Another “Where In Baltimore Should I Move To?” Post by MyOwnMuse0708

> but a house in the $225k range that meets your criteria may require a bit of work

Hard disagree. In Fed Hill and Pigtown, houses in that range (and lower) are newly renovated.

Also property tax is built into your monthly mortgage payment and can be tax deductible / qualify for incentives to bring the burden down. If you’re paying rent it isn’t, and you’re paying a premium on top of the owner’s mortgage to them and they are generating the equity off you.

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MyOwnMuse0708 OP t1_j9ufshw wrote

Thanks, good to know! This is exactly my thought process! I’d rather pay a mortgage than continue to be rent poor and have nothing to show for it!

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