I have a decent job in the bay area making about $75K a year. I pay for my own rent ~$1000 a month just to live in the city. I have around $40K in savings and it grows monthly. I'm interested in buying a home in the next 5-10 years but everything is so expensive!!! Right now most of my savings is in a savings account with my bank (some I put into a ROTH IRA). Now for the questions:
1) What should I be looking to afford? 2) What kind of down payment should I be expecting? 3) What is the best way to keep my money growing? Savings account? Bonds? etc.? 4) Any tips for buying a home in the Bay area?
Submitted April 11, 2017 at 06:50PM by stefan7721 http://ift.tt/2pr8H7E