[mosesbotbol]

Great time to buy with reasonable home prices and great home prices in some regions. Not to mention the low interest rates. There hasn't been a time like this in decades.

Buying a home is easy if you are qualified. Get yourself you pre-qualified and study the market you want to be in. You have to become "expert" in how much homes are selling for. Go to open houses and read the journals of what the homes are sold for.

In the most simple terms, think of how much it will cost you to own a home and then calculate how much it will cost you to rent out that same property. The amount you are plus or minus should give you initial idea of the investment. Yes, you get tax deductions owning and on mortgage interestet & pmi.

Read up on the web and don't buy more than you can easily afford. Don't get an ARM mortgage. Keep it at fixed rate and you'll always know how much it's going to cost.