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[quote=Anonymous][quote=Anonymous]OP here: I currently live in a paid off condo that my parents own in Arlington. I pay $1100 condo fee/month. Should I just stay living here? Only issue is the space. It’s 2 bed but I would like a bigger home for the kids so we can all have our own room and a yard to play. [/quote]

Stay where you are.  You probably already know that kids are expensive. You’re going to end up having to pay for after school classes and teams and leagues, plus clothing gets very expensive.  Plus, you’ve got to save for college. Plus, you never know what little things might come up. I would spend the money on nice vacations rather than a mortgage.  I’m sure there are some local parks. You can go to instead of having to have a yard.  Also, you have no idea if your children will need specialized private school or if you’re going to be able to keep them in public. There’s another huge expense if that happens.

I’m all about the what ifs.  You need to make sure that you have money set aside for that.  
Knowing how expensive this area is, I would not be banking on the possibility of using the rental income for anything other than 100% exclusively l your retirement.[/quote]

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