should i buy a house r9k
its 115k i make 50k a year
2br 2bath 2 car garage, hoa mows my lawn and does snow removal for $60 a month
what u think.
>>29032707
if you really wan't to live there than yea i'd do it. you can also rent it out for passive income while you rent somewhere else. I'd save up the full 115K over the years and buy it in full. Fuck a mortgage.
stop shoving your retarded racism into everything
>>29032707
do you want the house?
>>29032707
How much money do you have saved?
>>29033401
>>29032815
not enough for a down payment and im just thinking of doing a 30 year mortgage and paying it off in 10-15 years
also why do you say fuck a mortgage when you can write off the interest on taxes
>>29033466
Because at the beginning you're paying almost all interest. You end up in the long run paying way more than the price of the house. If you can afford it, don't get a mortgage.
>>29033509
but you get it all back in your taxes
so what does it matter
>>29032707
What is your current living situation?
>>29032707
All real estate is local, is your city's economy doing well?
Will your career necessitate you moving within five or less years?
How 'diverse' is the neighborhood?
>>29032707
>hoa
Fuck that. Never.
buy it and rent it out
>>29032707
I say only if you can pay off the mortgage in 15 years or less. You want to take care of your biggest expense (housing) as soon as possible.
>>29032707
you earn 50k as in your salary?
what other debt do you have?
gotta think about all of your expenses too.
also make sure it's a fixed rate on the mortgage.
>>29032707
>Open MS Excel
>Right-click "Sheet 1" at the bottom
>Insert
>Spreadsheet Solutions
>Loan Amortization
>Fill in all the shit
>>29034214
yeah small town think growing pretty quick
nah ill just commute an hour if i decided to get a new job
its a bunch of old fart white people
>>29032707
Market is about to collapse. Wait a year and you'll get it for half that
>>29035114
lmao even though youre exaggerating, it's not going to magically drop 50%
price is fine
