[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 459 KB, 654x746, IMG_0382.png [View same] [iqdb] [saucenao] [google]
55116131 No.55116131 [Reply] [Original]

How much house can I get making 70k a year? I have 25k saved in cash and 30k in stocks. Does it make sense for me to ever buy? I don’t want to be house poor. Right now I’m saving 50% net hoping to buy a house

>> No.55116147

>How much house can I get
esl moment

>> No.55116156

>>55116147
Sadly just retarded :(

>> No.55116360

About $150k if you're single.

>> No.55116421

>>55116360
Seriously demoralized right now. Let me save up for another 5 years and see where I’m at.

>> No.55116452

Assuming your job is available most places move to a mid sized US city with a mismatch in home and rent prices and find a deal on a multifamily that can still qualify for a loan but looks ugly. Live in one of the units, rent the others, and fix it up as you go.

>> No.55116455

>>55116131
>Does it make sense for me to ever buy?
if you're planning to live in the same place for at least 5 years then yes it's always a better financial decision to buy instead of renting

>How much house can I get making 70k a year?
get a wife who works and then see how much house you can get with double income. Also buying a house when you're not married is a questionable decision; you can go on a lot more dates living in a downtown apartment compared to living in an isolated suburb 30~45 minutes away