I will be moving at the end of ms2 (After boards) and i am trying to decide whether to rent or buy a house. I have seen a good selection of 2 bedroom houses between $80-120k. I am tempted to buy because rent would be around $700-$1000/month for a 2 bedroom + utilities. A friend of mine bought a $100k house and pays $700 mortgage/month + utilities. I am not necessarily looking to make a profit, but if I can sell it in a couple years for the same price I bought it for I would still come out ahead of where I would be if I had rented. Also, there is a good chance I will stay in the same city for residency... The only downside is that I won't have much of a downpayment. Any advice?