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re: Need advice

Posted on 6/18/15 at 9:52 am to
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 6/18/15 at 9:52 am to
quote:

105k cash in bank.


Hope this isn't just sitting in a bank account.

Are you relocating and staying with the same company (same income)? That is a pretty important question for us.

quote:

I wld prefer to get a home I can pay off in 5 years or less, but with mortgage interest rates so low I am wondering if I should just bite the bullet and get more house now and shoot to pay of in 10 years.


Just get the house you can pay off in "5 years or less" but with interest so low right now you may be better off not paying it off so quickly.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/18/15 at 9:58 am to
Yes, cash is in a bank account.

Moving with same company. I have gotten 9 percent raises last 3 years, and around 20k in bonuses each year.
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