Hi everybody,
Recent graduate from a graduate engineering program and am starting my first job in my field. Over the next 6 months I will be working extended periods, followed by some time off ex. 21 days straight 7 days off. I wonder if it is realistic to plan to put a down payment on a 200k house after this term.
Facts:
-while doing extended stays I will make about 2k every 7 days without pay on my time off
-SO is working full time as well and can contribute to down payment
-no student debt at all
-while away working work will cover all expenses
Questions:
-is this a reasonable goal?
-any Ontario (canada) residents know incentives that can be taken advantage of for first time home buyers or recent graduates?
-how big of a down payment should you aim for on a 200k house, obviously bigger is better but what is a bottom line
Anyways, any advice or knowledge that can be passed on is appreciated. Have a great day reddit.
Edit:format
Submitted February 18, 2017 at 08:33AM by OlTokeTaker http://ift.tt/2lV7dVp
