The most prestigious law school admissions discussion board in the world.
|
 |
 
|
How much HOUSE can i buy?
Poast new message in this thread
Date: November 25th, 2017 1:27 AM Author: Pungent scarlet hell mother 850k net worth 325k aggregate income for spouse and i. pretty stable.
live in a high COL area |
 |
Date: November 25th, 2017 1:28 AM Author: Exciting rehab a fridge box under an interstate (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766484) |
|
Date: November 25th, 2017 1:28 AM Author: Odious flatulent karate sanctuary Need the area. How many kids do you have and want to have? How long is wife going to work? |
|
Date: November 25th, 2017 1:29 AM Author: Pearly massive toaster you could probably get a loan for 1.5 million and you could put a huge chunk of money down... so you could easily buy a 2 million dollar house.
how much house SHOULD you buy? at that income and net worth, probably a million dollar home. 1.2-1.4 million if you're not conservative with your money. |
|
Date: November 25th, 2017 1:30 AM Author: Pungent scarlet hell mother i dont have 400k to put down though. maybe 200-250k? (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766498) |
|
Date: November 25th, 2017 1:33 AM Author: 180 copper dingle berry 850k nw but no 400k liquid? (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766512) |
|
Date: November 25th, 2017 1:33 AM Author: Pungent scarlet hell mother most in qualified accts (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766519) |
|
Date: November 25th, 2017 1:35 AM Author: 180 copper dingle berry Serious answer? 500k on a house
Id rather invest in crypto, etc and make it big |
|
Date: November 25th, 2017 1:36 AM Author: Pearly massive toaster life's too short to live like shit though. 500k in a high COL area = living like shit.
why live like crap when you're young so you can have money when you're old? |
|
Date: November 25th, 2017 1:41 AM Author: 180 copper dingle berry I dunno dood, i plan on retiring by 40 and living a low COL life in flyover
Thats only possible if i have high liquid assets |
|
Date: November 25th, 2017 1:35 AM Author: Pearly massive toaster if you are going to put down 250K you could still reasonably do a 1.2 million dollar home and still avoid PMI. I would probably still target 1 million if I were you based on your financial situation. But it probably also depends on exactly how stable your income(s) are and what your other expenses are like... i.e., do you have kids. (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766526) |
|
Date: November 25th, 2017 1:37 AM Author: Pungent scarlet hell mother and if im contemplating quitting my job in 2018 to go solo? i'd be giving up 225k of the 375k we make. (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766535) |
|
Date: November 25th, 2017 1:39 AM Author: Pearly massive toaster well that's a huge wrench in the equation. if you are contemplating this then you should split the baby between what you can afford on 150K and 375K... which means you should target the 800K home range. (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34766541) |
|
Date: November 25th, 2017 6:29 AM Author: gold hospital Unless you have a decent portable book, why put so much in real estate? There’s a lot of piss ass little costs with ownership that add up. (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34767036) |
|
Date: November 25th, 2017 10:01 AM Author: Pungent scarlet hell mother Because I live in a high COL area (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34767479) |
|
Date: November 25th, 2017 9:22 PM Author: gold hospital You’re going to retire by 40 and move to low COL - there’s no clear benefit to short term ownership right now. (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34771604) |
Date: November 25th, 2017 9:54 AM Author: Pungent scarlet hell mother (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34767461) |
|
Date: November 25th, 2017 6:19 PM Author: Pungent scarlet hell mother (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34770214) |
|
Date: November 25th, 2017 8:48 PM Author: Pungent scarlet hell mother (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34771364) |
|
Date: November 25th, 2017 9:25 PM Author: multi-colored headpube With the exacts same stats - I would buy a 1.25M home with 20% down and 1M mortgage
the only caveat is the tax reform and how they affect mortgage interest deductions etc
|
|
Date: November 25th, 2017 10:19 PM Author: Pungent scarlet hell mother i added later that im thinking abt quitting my job (225k of the total income) in Q2 2018 and pursuing an entrepreneurial opportunity. in this case, what do you think? (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34771979) |
|
Date: November 25th, 2017 9:26 PM Author: titillating nursing home how did you get to $325k income without learning proper english grammar? some sort of ESL gook?
"for spouse and *me*" |
|
Date: November 26th, 2017 11:06 AM Author: Crystalline doobsian newt locus It's XO. We all make $325K here. Nbd. Are you new here? (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34774010) |
|
Date: November 26th, 2017 11:10 AM Author: Up-to-no-good awkward partner water buffalo urm, not sure that's right bro (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34774025) |
|
Date: November 26th, 2017 10:55 AM Author: Pungent scarlet hell mother (http://www.autoadmit.com/thread.php?thread_id=3808219&forum_id=2#34773976) |