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Originally Posted by Marcus
Id think you'd want to make at least $60k a year to buy a $250-300k house.
A $300k mortgage with 5% down will have you paying ball park $1,800/month for piti, which is reasonably comfortable on a $60k a year salary. another $100'ish month for pmi
Theres so many little things that fuck up in a house so you should have extra monty to pay for it.
You cant even get a 1 bed 1 bath shitbox in my area for under $300k, so if you see something under $300k go for it
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Here in this part of Nebraska 250-300k and I can pry get something nice custom built. I would def want to be making more then 60k/year for that big of loan though. If that was the case, I would be living in that new house right now.