Would you advise a senior in their 60's or older to buy a home with less than 45,000 income?
Answered by:
Mable MJ Lawrence
MJ Lawrence Realtor in Illinois - Consultant - Certified Mobile Notary
22 Questions answered
Answered on May 7th, 2020
Yes, I would. Of course, it depends on the location and demographics. They may be able to get more bang for their buck in other locations. They may want to lease it or buy and flip. Purchasing real estate is always a good investment especially with the rates so low. If they qualify, why not?
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