The rental market has been quite active these days with multiple bids even on rentals.
If you stop and really think about giving away your hard earned money to a landlord then rethink the reasons.
1) the rates are low these days.
2) some places you can have as little as 3.5% down and close within 45 to 60 days.
3) the funds you are going to have to put down on a rental is 3 months of rent.
Well, dont give your hard earn money away! call me and let ouyr mortgage person assist you in finding the best option for you.