If i make $50,000 to $60,000 a year with benefits, what can i afford for a condo in LA? i am clueless.?

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2007-03-19 06:51:17 · 2 answers · asked by Christine 1 in Business & Finance ➔ Renting & Real Estate

I've heard that you can afford 4 times what you make so if the place in LA is around $240 or under then you can afford to make payments on it

2007-03-19 06:54:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Honestly, not much. The average price out there is way over half a million. Unless you have a big down payment, renting may be your best option.

2007-03-19 13:55:30 · answer #2 · answered by 2Beagles 6 · 0⤊ 0⤋