Is it reliable for young people to rent and repay loans while living?

In theory, the idea that young people rent while living is a more reliable way to repay loans. This way means that when you buy your own property, you rent it out and then you pay the rent to repay the loan.

First of all: this way can make young people own their own property faster. Generally speaking, when buying a property, the bank will ask the borrower to pay a certain percentage of down payment, and the rest will be repaid in installments by mortgage. If the method of renting while living is adopted, the borrower can speed up the repayment progress by paying the rent and own his own property faster.

Secondly, this way can help borrowers share the cost of building depreciation and maintenance. In the process of renting a house, the house needs daily maintenance and repair, and these expenses are usually borne by the owner. If you live and rent, you can reduce these costs to a certain extent, thus reducing the burden.

However, although this method is reliable in theory, there are some risks and problems in the specific operation. Here we need to pay attention to the following points:

1. Tenant's choice: Living while renting means that we need to give our property to tenants, so the choice of tenants is very important. We need to carefully screen tenants to ensure that they have a good credit record, can pay the rent on time, and can take care of the house.

2. Stability of rent: the stability of rent is also a problem that needs attention in the way of living and renting. The market economy fluctuates greatly, so does the rent level. Therefore, we need to ensure the stability of rental income and avoid insufficient rental income and inability to repay on time.

3. House maintenance and management: The way of renting while living requires us to hand over our property to tenants for use, and we also need to handle the daily maintenance and management of the house ourselves. Especially in the case of frequent changes in tenants or damage to houses, it is even more necessary for us to pay more time and energy to maintain and manage real estate.

To sum up, the idea of young people renting while living is reliable in theory, but we need to pay attention to risks and problems in specific operations. If we can seriously evaluate our financial strength and ability and consult professionals, we can better cope with these risks and problems, and successfully use this method to achieve the goal of repaying the loan to buy a house.