Rent is $825/month plus about $200 in extra bills. 700 sq ft and its NOT OURS, we cant paint it and its sorta small . The mortgage is 1400/month(which the place is big enough to have a child, plus its beautiful) (the payment does already include HOA dues, P and I and taxes) plus around $250 in bills. My husband and I bring home together (not gross) $3600/month. Who thinks we can afford it, its a great investment and who thinks we should wait and stay renting? We have 2 monthes mortgage saved up in the bank and the type of loan we have is 100% finance (222,000 Loan-1st choice VHDA)and we have the money we need for closing costs. Plus my husband plans on becoming a Fire Fighter (which he passed his entry test) and also getting a second job with it since FF's only work 10 days a month, making a lot more money. Please Help. I truely need some advice...
2006-08-03
06:27:54
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15 answers
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asked by
errnmann
2
in
Investing