Anonymous
Post 10/22/2023 17:31     Subject: $1M home on $157k base compensation?-DC

Anonymous wrote:We have a $300k HHI can I can't imagine buying a $1M home


Childfree that would work
Anonymous
Post 10/22/2023 17:24     Subject: $1M home on $157k base compensation?-DC

We have a $300k HHI can I can't imagine buying a $1M home
Anonymous
Post 10/22/2023 13:56     Subject: $1M home on $157k base compensation?-DC

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
Anonymous
Post 10/22/2023 13:47     Subject: $1M home on $157k base compensation?-DC

No bank is going to approve this. Even if you put 20% down you couldn’t afford the monthly payments.
Anonymous
Post 10/22/2023 13:46     Subject: $1M home on $157k base compensation?-DC

Buy something more affordable, increase income, pay it off, buy next one with large down to keep it affordable.
Anonymous
Post 10/22/2023 13:42     Subject: $1M home on $157k base compensation?-DC

After you get the new job, company has layoffs . You’re last in first out. Will be so painful. SO RISKY
Anonymous
Post 10/22/2023 12:57     Subject: Re:$1M home on $157k base compensation?-DC

A mistake.
Anonymous
Post 10/22/2023 12:33     Subject: $1M home on $157k base compensation?-DC

Anonymous wrote:OP, may I please ask which builder is offering this rate right now? Thanks so much in advance!


This is Madison Homes in conjunction with Wells Fargo.
Anonymous
Post 10/20/2023 11:53     Subject: $1M home on $157k base compensation?-DC

No way. No.
Anonymous
Post 10/20/2023 09:48     Subject: $1M home on $157k base compensation?-DC

I think OP has left the building
Anonymous
Post 10/20/2023 08:22     Subject: $1M home on $157k base compensation?-DC

OP, may I please ask which builder is offering this rate right now? Thanks so much in advance!
Anonymous
Post 10/19/2023 16:14     Subject: $1M home on $157k base compensation?-DC

Heck no.
Anonymous
Post 10/19/2023 15:57     Subject: $1M home on $157k base compensation?-DC

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.
Anonymous
Post 10/19/2023 15:55     Subject: $1M home on $157k base compensation?-DC

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.
Anonymous
Post 10/19/2023 15:40     Subject: $1M home on $157k base compensation?-DC

On almost that exact salary, we bought a $450,000 townhome, and things were tight.