ftrain

I am starting to look at homes in New Hampshire. I am basically looking for two types of homes. The first would be a multi-family and the second type a small home on a lake or river that you can have a powerboat on. The multi-family should be in a good rental area like Manchester or Nashua. I am not sure about Manchester since it is pretty far from Boston. What towns should I look into? I have been pre-approved for a $250k mortgage for a multi family.

Basically I would want something that is close to Rt3 or 93. I want to be able to get into Boston or drive up to the White Mountains fairly quickly. I do not want to spend 45 minutes on R111 traveling west.


Mike

ChrisNoF4i

Definitely buy a house in Manchester.




So I can eat dinner at your house when I am working all hours of the night next winter.

hessogood

start with the multi family and keep it as rental property when you decide to buy something more permanent to settle into. The property value on something on a lake will go start much much higher than a the multi family but it's value will also increase much much more. So either of those two.

silent1

Go with the multi-family. If I could, I'd buy the place that I'm living in right now, or the place next door. Either way, you rent out the other half and before you know it, it's already paid for.

Of course if I were you, I'd head south. My dad custom built his 3500 sq foot house, and his mortgage payment is less than the total rent for the place I live in now.