Should I buy a house with cash or rent for three years?

I would say buy a house. But 75,000 does not go very far in the American housing market. But with that kind of money you could easily get a Hard Money Loan.

http://hardmoneyloandirectory.com/

Also if you do want to simply use the cash to buy a house 75K will get you a good condo.

I hope this helps

nicely technically speaking, that 75K you're saving up could or could no longer be worth 75K 3 years from now. at the beginning, what are you going to be doing with that better hire money? once you are going to spend it, then you definitely will have an larger familiar of residing of roughly 25K a 300 and sixty 5 days. besides the incontrovertible fact that, in case you shop it at a definite interest value (ignoring inflation), it ought to be worth better than that. enable's say it somewhat is 10% which you're able to make investments the money at. with the aid of the years, you are able to finally end up having over 87,000, presuming that the money you shop would be gathered over the time in which you isn't paying hire (at approximately $2,083 in line with month, in accordance on your 75K determine), and which you will instead be reinvesting all of that funds right into a fund of a few type that earns an familiar 10% return in line with 3 hundred and sixty 5 days. as some distance because of the fact the housing marketplace is going, many markets will see a sluggish yet stable improve in interest after a important recession. I doubt your place will lose any fee (barring severe circumstances and assuming you shield your place in good circumstance). surely, being waiting to purchase a house outright now and then putting away the hire money right into a reductions fund is usually a extra valuable selection than having to pay some guy hire. Edit to added info: CDs i does not recommend. They tie up you funds and don't supply you a sufficient return to justify it. in case you have a nicely-balanced portfolio with an investment fund, you're plenty extra possibly to earn a extra valuable value of return. do no longer flow throwing the money into risky markets etc. seek for money that earn good returns and don't have the "curler coaster" occurring (it is, that their annual overall performance is somewhat marked by utilising super united statesand downs).