Home Buying in Little Italy>Question Details

A0z0ra, Home Buyer in San Diego, CA

Is there any rent-to-own condo in little italy?

Asked by A0z0ra, San Diego, CA Mon Nov 12, 2007

I'm in my mid 20s, am currently paying rent in Mira Mesa. However, as you know the rental market is hot right now. My rent keeps rising to the point where I cringe at having to spend my hard-earned money in a so-so neighborhood & not owning anything.

I'd love to have my own place in downtown SD, preferably in Little Italy (I ADORE it). However, my savings is minim & I can't save enough for 20% dp for a decent 1 bedroom condo.

I have heard about rent-to-own, and I'd love to know more about it. What is the advantages & disadvantages of this method?

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Vinita Dutta’s answer
How much rent are you paying right now? 1 bd in that complex are in high $200's and above with pretty high HOA fee ($300). You could try other neighborhoods - depending on work place etc.
0 votes Thank Flag Link Mon Nov 12, 2007
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