Housing is considerably cheaper in the Virginia Beach or Charlotte NC area. So I'm explorer some options there.
I get get a 2 bd room 2 bath apartment for about $500 less than my 1 bedroom in Salem. And $1,000 less or so for a 1 bedroom.
Are townhouses or condos a path I should also explore?
700 Rue Marseille, Chesapeake VA, is a Condo home that contains 1158 sq ft and was built in 1995.It contains 2 bedrooms and 3 bathrooms. The Zestimate for this Condo is $216,000, which has increased by $12,180 in the last 30 days.The Rent Zestimate for this Condo is $2,045/mo, which has...
www.zillow.com
103 Scotts Point #2, Hampton VA. The Zestimate for this property is $266,900, which has increased by $266,900 in the last 30 days.The Rent Zestimate for this property is $1,853/mo, which has increased by $1,853/mo in the last 30 days.
www.zillow.com
Even with HOA, these come in cheaper than my current apartment. However my mother says I'm out of my mind. No bank would approve me for any loan/mortgage because of my student loans and the fact that I have nothing saved up for a down payment. Are those blockers, or is it still worth exploring?