Me and my boyfriend is looking for a house to buy, I'll be the title holder and borower on the mortgage and he'll pay me rent. We just saw a large house in our ideal location with beautiful backyard, over 5000 sqft with three-car garage. All the neighbor houses are bigger and more expensive and it is in one of the high-end neighborhoods. The house has some minor issues, mostly with flooring and master bathroom. I though the house has great potential if we could spend some time and money to fix it, and for the amount of sqft it would worth a lot more in a few years. But my boyfriend didn't like the house because it is expensive (he makes only about half of what I make, even though I'm the one buying the home, he'd prefer less expensive house in a little further-out neighborhoods) and he thinks it is too much space for us, especially we don't plan to have kids. He dislikes the layout and the bathroom, and he didn't like to fix up a house. Now we held back making an offer on the house but I really think that is a great house that I can get the price down within my budget.
I know I can afford this house with my savings and income even without his rent payment, and I can't imagine another house coming onto the market at less than this price/sqft, I don't know what to do, just feeling bad letting this opportunity go.
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