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San Francisco Bay Area
Reply to "Where to live... new baby and eventually new jobs"
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[quote=Anonymous][quote=Anonymous]Right now we both work on downtown SF, DH is in sales at an old line tech company and I’m a project manager for a startup. New baby is one, we are looking to buy our first place Salary is $100k for me, $150k DH so total is $250k and we hope his income rises as he climbs sales rank. We have $100k DP, and approved for $1.1M loan. Maybe we can borrow from an IRA for a little more. We are going public for schools, probably will have a second. We want a SFH b/c we love entertaining and outdoor space, don’t mind old. Long term plan is to find a place we love, family friendly, good schools, etc and then find jobs closer to home. [/quote] We make 20K less than you in the DC area and had $100K for a downpayment and we bought a house for $550k. So yeah I'd say you're WAY stretching.[/quote]
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