Zillow Advice RSS: Question-Discussion-Guide,Investing,Chelmsford- MA http://www.zillow.com/advice/Chelmsford-MA/home-buying-investing/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Good strategy? http://www.zillow.com/advice-thread/Good-strategy/426009/ I'm renting now paying $1100/month in chelmsford, it's a very small condo.<br/>My plan is to buy condo around $200k putting down $100k and then live there for couple of years paying less than current rent, maybe half, pay it off and then rent it and move to new detached sf home. I could use the equity in this condo to buy the sf home.<br/>Reason I don't plan to buy sf home right away is that I am not sure of staying in one place due to job. If I have a condo, then i can lock it up and/or rent it out and move to other places for work without any hassles, it will cost less than renting a condo. If i survive my current job for few more years then I can rent it and use the income to pay for the <a href="http://www.zillow.com/mortgage-rates/">mortgage</a> on the&nbsp;sf home.<br/><br \><br \>10 replies Fri, 16 Dec 2011 20:33:00 GMT http://www.zillow.com/advice-thread/Good-strategy/426009/ 2011-12-16T20:33:00Z