Feb 22, 2019
1:23:45pm
1:23:45pm
I take the opposite position...stretch more than you think on your first place
...rather than buy a place that you'll have to move out of in a few years because it's too small.
Your income is only going to increase, while your mortgage stays the same (if you got a fixed rate), so you are starting at your lowest point earnings wise.
You can hedge on a bigger house, too, by renting out a basement or a loft over a garage, and supplement your income.
Obviously, don't get crazy, but don't be too shy.
Your income is only going to increase, while your mortgage stays the same (if you got a fixed rate), so you are starting at your lowest point earnings wise.
You can hedge on a bigger house, too, by renting out a basement or a loft over a garage, and supplement your income.
Obviously, don't get crazy, but don't be too shy.
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- Iman23
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One of the worst financial decisions a new grad or new professional can make is buying a bigger home than you need.
2/22/19 1:11pm
2/22/19 1:23pm
Yea that is great if you want to kill your gainz. This is for people who want to be good at making money and not slaves
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