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Lets say you make $500-600 grand per year. How much of a mortgage would
Posted on 12/10/13 at 7:22 pm
Posted on 12/10/13 at 7:22 pm
You take? Your salary would not go up, but you'd always have a job, but that salary could drop as low as $400 grand
Posted on 12/10/13 at 7:39 pm to AndyJ
You're smart enough to make half a mil a year but can't figure out how much house you can afford?
If it's mailbox money I have got a can't miss investment opportunity for you.
If it's mailbox money I have got a can't miss investment opportunity for you.
This post was edited on 12/10/13 at 7:41 pm
Posted on 12/10/13 at 7:41 pm to AndyJ
I never understand how you can give a good answer to something like this.
Posted on 12/10/13 at 7:48 pm to yellowfin
quote:
8kish
Thanks. That feels about right for total cost of house. Uptown NOLA and Old Metairie are crazy
Posted on 12/10/13 at 7:50 pm to GaryMyMan
quote:
You're smart enough to make half a mil a year but can't figure out how much house you can afford?
He could play for the Saints
Posted on 12/10/13 at 8:05 pm to AndyJ
Why take a mortgage? Just buy a modest house and be done with it.
I don't understand the concept of making that much and having a mortgage.
I don't understand the concept of making that much and having a mortgage.
Posted on 12/10/13 at 8:13 pm to Bayou Tiger
quote:
I don't understand the concept of making that much and having a mortgage.
He probably can get a loan for less than 2%. why not stick that money in the stock market?
This post was edited on 12/10/13 at 8:24 pm
Posted on 12/10/13 at 9:02 pm to C
quote:
He probably can get a loan for less than 2%. why not stick that money in the stock market?
I go back to this point
quote:
You're smart enough to make half a mil a year but can't figure out how much house you can afford?
and then think
quote:
Maybe he plays for the Saints
Perhaps he should avoid math
Posted on 12/10/13 at 9:58 pm to AndyJ
quote:
You take? Your salary would not go up, but you'd always have a job, but that salary could drop as low as $400 grand
Is this a trust fund baby question?
You marry into money and gonna start working for dad?
Posted on 12/10/13 at 10:07 pm to AndyJ
Guessing, I would say two doctors that are married. You start making that money but have no real savings and student loans. If I guess right, I would buy a first home in the 300k range for 4-5 years. Save and pay loans off, then move up to 800-mil.
Posted on 12/11/13 at 2:22 am to AndyJ
If you're making that much bank and can't figure out the answer on your own, the answer is to hire a financial manager to help you with your financial questions.
Posted on 12/11/13 at 5:47 am to foshizzle
quote:
If you're making that much bank and can't figure out the answer on your own, the answer is BITCOINS MOTHER frickER
Fify
Posted on 12/11/13 at 6:59 am to AndyJ
It amazes me that doctors getting out of school are like 32 year old 22 year olds. Not trying be an arse, but these should be some sort of class in med school to at least inform you guys about money.
BTW, I wish we had the same type class in law school.
BTW, I wish we had the same type class in law school.
Posted on 12/11/13 at 9:26 am to AndyJ
Hey a doctor with money and no financial acumen....want to invest in some oil wells in Africa?
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