I only make $36,000 how much house can i Afford?
December 24, 2008
zonkietheterrible asked:
I don’t make much and i live in Miami,Fl where houses are ridiculously overpriced! I found pre-construction downtown from the 160’s to 250’s. i would love to own but is this unrealistic and dangerous? i have excellent credit.
Well I have always lived in Miami, and am currently living with my family. So I don’t pay rent, and my monthly expenses are basically my car and cell phone. and about $1000 in Credit card debt. Thats about it.
how does pre-construction work though? do you immediately start paying a mortgage or is it just the construction and contract deposit at first to reserve?
$140,000 doesn’t exist in miami unless you live in a hole. thats the problem.
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I don’t make much and i live in Miami,Fl where houses are ridiculously overpriced! I found pre-construction downtown from the 160’s to 250’s. i would love to own but is this unrealistic and dangerous? i have excellent credit.
Well I have always lived in Miami, and am currently living with my family. So I don’t pay rent, and my monthly expenses are basically my car and cell phone. and about $1000 in Credit card debt. Thats about it.
how does pre-construction work though? do you immediately start paying a mortgage or is it just the construction and contract deposit at first to reserve?
$140,000 doesn’t exist in miami unless you live in a hole. thats the problem.
Website content
Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.