Although theoretically you could afford that, it’s a very bad idea for lots of reasons. Do not do it until you are substantially wealthier.Yeah, my actual plan would be to invest in a duplex and rent the other side out. However the missus wants a SFH.Expenses are reasonable in VHCOL. You are young and no kids. Low assets. Do not buy house yet. Rent and invest rather than hoarding cash.
:/ yeah renting would be 4,500k
Mortgage and property taxes would be 25k a month.
Seems like the houses here will just keep climbing. That's the bug debate.
Statistics: Posted by snowday2022 — Sun Dec 29, 2024 2:03 pm