Yated Shidduch Forum 10/29/21: Should A Young Single Woman buy Her Own Home as a Rental Property?
Question:
I have a wonderful 23-year-old daughter who is currently in shidduchim. She has been working for about 4 years so far and has a large sum of money in her savings account by now. We hope that she will be married soon, but we do not know Hashem’s plans.
I feel that it would be wise for her to use her money (which is rapidly going down in value) to buy a house. If she buys in a specific neighborhood that we are looking at, she can make a large down payment, and she can easily cover the mortgage payments with rental income.
She thinks it’s a good idea, but we both wonder if it would be a little weird for her to own a house before her marriage. Would her husband be happy about it? Would it put undue pressure on the couple to live in a specific neighborhood that he may not want to live in? Would her date be scared away and think that she is too high-powered?
We would really appreciate hearing your input.