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Reply to "Stats for purchasing a second home and is it a good idea?"
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[quote=Anonymous][quote=Anonymous]Lol, what? No, second homes are for rich people, not for people making 300K.[/quote] Meh. We bought one when we made about that and had 2 kids in daycare. Kids are now older and it’s Airbnb most weekends, but at that income and even with daycare we still were able to max out 491k, I was able to contribute to my mega Roth, and we were able to save in our brokerage. We had enough cash saved for 20% down, some construction updates to our taste and to fully furnish every room in the house [/quote]
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