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re: Wise friends of the MB: Am I anywhere close to buying a home? UPDATED pg. 3
Posted on 4/7/15 at 8:45 pm to HeadyMurphey
Posted on 4/7/15 at 8:45 pm to HeadyMurphey
quote:
How old are you? Any chance of moving out of state? If I was in your shoes, single with no kids, I wouldn't want to tie myself down with a house. $100 a month in rent is basically free. Is the situation hurting you in the woman department? If not, I would ride it out as long as possible. Save your money up as long as possible. If you plan to stay here long term, put together a plan so that you can put a nice down payment down as well as have plenty money for furnishing the new house and then look at houses
this.
Mortgages are for us married folk with kids. If single with no kids you should be able to pack a bag and grab your dog to leave at a moments notice. If you are one of those that just have to have a home then get debt free and save up 20% for down payment. You don't want to be house poor.
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