Hey r/pf,
Be gentle.
After years of prudent financial decision making guided by this sub, I shut my brain off and bought a house.
Numbers: Income: I expect to NET 125k this year between contracts I work Cash on hand: 20k (I just started the contract side of things) House cost: 275k Monthly rent: $1900 Monthly mortgage+escrow: 1650
I got what I thought was a sweet deal on a preferential loan that only made me put down 6% with no PMI @ 4.125% for a 275k house.i rent out all four bedrooms and sleep in the basement when I'm home on some weekends - I travel Sunday-Thursday for work.
Also, I rent out the house to my sister and her friends who are in college, so I don't think I'm charging fair market value. But, I can also sleep in the basement when I need to.
Thing is, I hate my current industry - medical software - like the contracting is soul sucking and I want to do something more meaningful with my life like join the peace corps.
My current contract runs through September and I don't really want to work in this industry or live in the city where I bought the house after that. What should I do?
Submitted April 26, 2018 at 05:04AM by pfcarguy https://ift.tt/2FfAJdT
