Consider a “commercial” house lease:
10 year level NNN lease for your build-to-suit “vanilla box”
Ownership control of interior finishes
Lower cost than ownership:
“down payment” is first and last month rent + the cost of your finish upgrades lower monthly payments than ownership
Better for you than typical rental or ownership?
- Standard deductions from the Tax Tables uses $90,000 mortgage equivalent.
- No liability on your financial statement
- What is the future value of equity vs the costs of selling?
- Exterior maintenance negotiable