| On almost that exact salary, we bought a $450,000 townhome, and things were tight. |
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No, banks might loan you the money on the off chance they will make money on you, but they shouldn't.
Look at a townhouse or condo first and save save save. |
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Lololol!!! My sister who is single just bought a house a few months ago on the exact same income and her maximum loan amount she was willing to finance was 400k.
You are an absolute dummy. |
| Heck no. |
| OP, may I please ask which builder is offering this rate right now? Thanks so much in advance! |
| I think OP has left the building |
| No way. No. |
This is Madison Homes in conjunction with Wells Fargo. |
| A mistake. |
| After you get the new job, company has layoffs . You’re last in first out. Will be so painful. SO RISKY |
| Buy something more affordable, increase income, pay it off, buy next one with large down to keep it affordable. |
| No bank is going to approve this. Even if you put 20% down you couldn’t afford the monthly payments. |
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This smells like 2005 when Baristas and Lawn Mowers were buying $700K houses. Drive by appraisals! No-doc loans! We know how that turned out.
~ Agent X |
| We have a $300k HHI can I can't imagine buying a $1M home |
Childfree that would work |