Hey guys,
Looking at/planning my families long term goals & want to know if the figures I'm throwing out aren't completely insane. So my wife + my joint income pre tax is 65k currently, both recent college grads. Discussed buying a house in the 130s-140k range, we have around 15k saved up for the deposit. If we tried for a 15 year mortgage I was hoping to sell it around the 10 year mark, pay the mortgage, then put a hefty amount on a bigger house, wife wants lots of kids & to be a stay at home mom, totally her choice in my career we actually top out mostly at the 60-70k mark in my area realistically. Then was hoping to get a property in the 250-300k mark, have a couple kiddos & have a bit of cash too. That's the long term goal. Is this feasible/smart or am I totally off? we live in Western PA
Thanks in advance!
Submitted October 11, 2018 at 01:55AM by benkat95 https://ift.tt/2CAXDiR
