Quote:
|
Originally Posted by After Shock Media
Depends on the types of interest rates you can get.
I would never want my mortgage payments+insurance to be more than 1/5th of my monthly income, some however are content with it taking up 1/3rd to 1/2 of their income.
I am not talking about interest only mortgages either.
|
Ya interest will def have to be involved. Right now the way I see it I don't even want to be putting a third of my income into one property. 1/5th sounds pretty good though.