Been passively looking to buy, I'm in a hot realestate market and doesn't seem like buying would be a mistake. However being in such a hot market means prices are high.
I can't seem to find what I want (detached with a little commute and move in ready).
Was thinking about buying a townhouse 20% down so no PMI and even found a place without HOA fees. I'm not convinced about sharing a wall. I live in an apartment now and lose sleep every night from rude, ignorant, inconsiderate neighbors.
But let's say I make ~90k Have about 130k saved. Found a place for about 420k after all is said and done monthly house payment with property tax would be about 2100. I'm single and don't want a roommate.
I'm currently paying about 1600 to rent but I'm miserable. I wanted to keep everything under 1800 a month but I don't think I'll find anything. The townhouse is really nice and it's a good deal at the current price. But it's more than I wanted to spend.
I can't tell if I'm strongly considering this much on a townhouse because how miserable I am where I'm at or because it would be a good investment. Was just looking for opinions on whether I should try and save my money for now and look for something less expensive.
Submitted March 30, 2019 at 12:16PM by yeah_It_dat_guy https://ift.tt/2OyGXM8
