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Wife and I make $215k, she wants to buy $925k house

We have $720k saved up, mostly in stocks. It comes with a...
Aggressive thriller death wish
  01/23/18
so you almost have the entire price of the house in savings ...
arousing den international law enforcement agency
  01/23/18
sounds like you can do this
Big locale foreskin
  01/23/18
does it? i dunno mang
Aggressive thriller death wish
  01/23/18
how much will you put down as a downpayment? It really all c...
Big locale foreskin
  01/23/18
? standard 20% down seems most cost-effective...
Aggressive thriller death wish
  01/23/18
so you've got about $740,000 mortgage there assuming 30 yea...
Big locale foreskin
  01/23/18
not gonna lie, it's a nice house. it's a landmarked house, b...
Aggressive thriller death wish
  01/23/18
@realdonaldtrump- 2m ago: She said she wanted a 900k hous...
Mewling mustard multi-billionaire selfie
  01/23/18
...
bipolar cocky heaven
  01/23/18
...
Red Alcoholic Bawdyhouse
  01/23/18
...
territorial purple main people
  01/23/18
...
Irradiated twinkling dog poop
  01/23/18
...
bull headed rehab bbw
  01/23/18
...
brass mentally impaired lodge wrinkle
  01/23/18
What’s the issue here?
diverse dopamine
  01/23/18
Whats your monthly budget?
swollen stain mother
  01/23/18
We live like paupers, mostly because we fear COL will only g...
Aggressive thriller death wish
  01/23/18
LMAO. She’s going the other direction now buddy
startled zippy background story
  01/23/18
This. Hos big is thr house? Get ready for a 6 figure furnitu...
beady-eyed claret faggotry brunch
  01/24/18
$18k rent for the both of you? that's pretty good.
Contagious slimy house philosopher-king
  01/24/18
lmao the worst part of it is you're going to be forced to sh...
Mewling mustard multi-billionaire selfie
  01/23/18
? the garden apt is completely separate. but yeah, no nud...
Aggressive thriller death wish
  01/23/18
Do things that make you STRONG. Jfc clean your room.
Mewling mustard multi-billionaire selfie
  01/23/18
Go for it
frisky piazza
  01/23/18
Um this scenario sounds entirely plausible, fuck you and you...
Turquoise locus
  01/23/18
...
bull headed rehab bbw
  01/23/18
...
vigorous vermilion dilemma
  01/23/18
tell her you pick the tenant. advertise to backpage hookers ...
Cerise Spectacular Point Alpha
  01/23/18
...
Big locale foreskin
  01/23/18
...
brass mentally impaired lodge wrinkle
  01/23/18
woah Cr
well-lubricated macaca
  01/23/18
sounds good in theory but she's gonna bring a crazy/trashy v...
Contagious slimy house philosopher-king
  01/24/18
how much are the taxes?
glittery menage chad
  01/23/18
~$13k
Aggressive thriller death wish
  01/23/18
how much is your current rent? how much is it to rent a pla...
Maize Rambunctious Area
  01/23/18
current rent is $1500, rent controlled so it can only go up ...
Aggressive thriller death wish
  01/23/18
well done. $215k and living on $18000 rent is admirable. i...
Maize Rambunctious Area
  01/23/18
thanks mang. one of the reasons we've been supersaving is b...
Aggressive thriller death wish
  01/23/18
son of a bitch you've done well being that young. if one of...
Maize Rambunctious Area
  01/23/18
...
Maize Rambunctious Area
  01/23/18
Lmao
Galvanic Low-t Party Of The First Part
  01/23/18
explain
Aggressive thriller death wish
  01/23/18
...
Mewling mustard multi-billionaire selfie
  01/23/18
...
territorial purple main people
  01/23/18
...
Bright chest-beating national
  01/23/18
You could comfortably do it with a tenant, but you'd be bett...
adventurous federal state
  01/23/18
Or up his ass but let’s be real, it’s going to the house
startled zippy background story
  01/23/18
the tenant will likely "rape" your wife
harsh navy jap
  01/23/18
can't wait till he comes home and it's some tatted up badboy...
Mewling mustard multi-billionaire selfie
  01/23/18
For me, one of the main purposes of home ownership is securi...
up-to-no-good library
  01/23/18
...
Red Alcoholic Bawdyhouse
  01/23/18
pretend it's a serf.
Cerise Spectacular Point Alpha
  01/23/18
...
territorial purple main people
  01/23/18
it could also be a nigger or a beaner, lol at paying 1 mil t...
Multi-colored forum
  01/23/18
would b3 great for an au pair or something assuming kids one...
Racy peach center
  01/23/18
for us it would be living in a non-shithold without having t...
Aggressive thriller death wish
  01/23/18
u=cuck
carmine ticket booth filthpig
  01/23/18
if your wife even proposes something like this, you know she...
Mewling mustard multi-billionaire selfie
  01/23/18
...
carmine ticket booth filthpig
  01/23/18
Will the renter also fuck the insanity out of your wife? If ...
Red Alcoholic Bawdyhouse
  01/23/18
We have a $1.3 million house on dual biglaw incomes and I fe...
exciting elite school cafeteria ceo
  01/23/18
Because it is
vengeful windowlicker temple
  01/23/18
no it's not, assuming they're not first years.
arousing den international law enforcement agency
  01/23/18
Assuming they are not partners, it is
vengeful windowlicker temple
  01/24/18
Guaranteed she'll want a Cayenne and 150k in new furniture w...
Emerald Voyeur Pocket Flask
  01/23/18
If he divorces he will have to pay alimony lol
Hideous office internal respiration
  01/23/18
* Murder
frisky piazza
  01/23/18
Is this legal advice?
pontificating self-centered immigrant principal's office
  01/23/18
nope
Aggressive thriller death wish
  01/23/18
I bought an expensive house and liked it but god damn . . . ...
Nubile resort lettuce
  01/23/18
If you're coastal global elites, do it. It's insane but you...
pontificating self-centered immigrant principal's office
  01/23/18
LJL at calling this poormo a coastal elite
frisky piazza
  01/23/18
He and wife can still eat food. I'm assuming their parents ...
pontificating self-centered immigrant principal's office
  01/23/18
no, we're self-made. essentially saved up $100k per year ove...
Aggressive thriller death wish
  01/23/18
doable, until she gets pregnant and you are down to one inco...
brass mentally impaired lodge wrinkle
  01/23/18
and up to 3 tenants.
Cerise Spectacular Point Alpha
  01/23/18
...
vigorous vermilion dilemma
  01/23/18
we already have a kid, but our parents take care of him duri...
Aggressive thriller death wish
  01/23/18
sounds completely within your means.
titillating meetinghouse
  01/23/18
How’s dc
Wine floppy hall roommate
  01/23/18
something like that
Aggressive thriller death wish
  01/23/18
Howd you save so much money? That's ~$200k household income,...
drab goal in life parlour
  01/23/18
yeah, we live like poors. pay $1500/month for a rent-control...
Aggressive thriller death wish
  01/23/18
in your shoes, i'd rather retire early. if that's not as imp...
Maize Rambunctious Area
  01/23/18
impressive
drab goal in life parlour
  01/23/18
good job. she's a keeper if she's happily participating.
Contagious slimy house philosopher-king
  01/24/18
Wife and I earn about $250k. We'd have to be more careful w...
Dashing chrome corner
  01/23/18
yeah but at 250K I wouldn't recommend that. the key fact he...
arousing den international law enforcement agency
  01/23/18
of course you can afford it, retard.
Bright chest-beating national
  01/23/18
cr. some of these threads are so ridiculous I wonder if p...
arousing den international law enforcement agency
  01/23/18
...
ruddy heady ladyboy
  01/24/18
$300k income here. House was $350k. It has plywood on some o...
Grizzly fiercely-loyal pit roast beef
  01/23/18
current mortgage on said property?
arousing den international law enforcement agency
  01/23/18
Like everybody else said, be careful about who you choose as...
motley weed whacker
  01/24/18
Buying an expensive home is a complete money pit that has ve...
hairraiser hyperventilating kitchen preventive strike
  01/24/18
Alternative question based on OP: What's the ideal price ...
Contagious slimy house philosopher-king
  01/24/18
I fucking hate the UMC
Aphrodisiac Magenta Location Laser Beams
  01/24/18
move to the suburbs. fuck raising kids in some urban shitho...
sooty vivacious mood university
  01/24/18


Poast new message in this thread



Reply Favorite

Date: January 23rd, 2018 8:15 PM
Author: Aggressive thriller death wish

We have $720k saved up, mostly in stocks.

It comes with a garden-level apartment that could rent out for $1400/month.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221323)



Reply Favorite

Date: January 23rd, 2018 11:52 PM
Author: arousing den international law enforcement agency

so you almost have the entire price of the house in savings and it comes with an apartment that rents out for $1400 now and will likely go up in rental price over the years...

is this a serious question?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223380)



Reply Favorite

Date: January 23rd, 2018 8:16 PM
Author: Big locale foreskin

sounds like you can do this

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221325)



Reply Favorite

Date: January 23rd, 2018 8:16 PM
Author: Aggressive thriller death wish

does it? i dunno mang

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221328)



Reply Favorite

Date: January 23rd, 2018 8:19 PM
Author: Big locale foreskin

how much will you put down as a downpayment? It really all comes down to that.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221367)



Reply Favorite

Date: January 23rd, 2018 8:23 PM
Author: Aggressive thriller death wish

? standard 20% down seems most cost-effective...

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221417)



Reply Favorite

Date: January 23rd, 2018 8:30 PM
Author: Big locale foreskin

so you've got about $740,000 mortgage there

assuming 30 year mortgage at 4.3% (estimate), that is $3,662.05 per month.

$3,662.05 minus $1400 for the garden apartment = $2262 (EDIT - you will be paying monthly taxes and insurance of a couple hundred bucks extra each month FYI)

Extremely doable for a couple making $215k a year. Probably a nice house too. I'm jealous.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221474)



Reply Favorite

Date: January 23rd, 2018 9:58 PM
Author: Aggressive thriller death wish

not gonna lie, it's a nice house. it's a landmarked house, but gut reno'd.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222356)



Reply Favorite

Date: January 23rd, 2018 8:16 PM
Author: Mewling mustard multi-billionaire selfie

@realdonaldtrump- 2m ago:

She said she wanted a 900k house on a 200k income. I said no!

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221334)



Reply Favorite

Date: January 23rd, 2018 8:18 PM
Author: bipolar cocky heaven



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221359)



Reply Favorite

Date: January 23rd, 2018 8:48 PM
Author: Red Alcoholic Bawdyhouse



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221671)



Reply Favorite

Date: January 23rd, 2018 8:48 PM
Author: territorial purple main people



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221678)



Reply Favorite

Date: January 23rd, 2018 8:51 PM
Author: Irradiated twinkling dog poop



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221703)



Reply Favorite

Date: January 23rd, 2018 9:15 PM
Author: bull headed rehab bbw



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221943)



Reply Favorite

Date: January 23rd, 2018 9:19 PM
Author: brass mentally impaired lodge wrinkle



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221983)



Reply Favorite

Date: January 23rd, 2018 8:17 PM
Author: diverse dopamine

What’s the issue here?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221336)



Reply Favorite

Date: January 23rd, 2018 8:17 PM
Author: swollen stain mother

Whats your monthly budget?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221337)



Reply Favorite

Date: January 23rd, 2018 8:19 PM
Author: Aggressive thriller death wish

We live like paupers, mostly because we fear COL will only go up in our area and we'll be priced out.

$140k take-home

-$18k rent

-$25k other expenses

----------------

Save like $97k/year

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221376)



Reply Favorite

Date: January 23rd, 2018 8:26 PM
Author: startled zippy background story

LMAO. She’s going the other direction now buddy

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221445)



Reply Favorite

Date: January 24th, 2018 9:06 AM
Author: beady-eyed claret faggotry brunch

This. Hos big is thr house? Get ready for a 6 figure furniture bill

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35224777)



Reply Favorite

Date: January 24th, 2018 12:21 AM
Author: Contagious slimy house philosopher-king

$18k rent for the both of you? that's pretty good.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223518)



Reply Favorite

Date: January 23rd, 2018 8:18 PM
Author: Mewling mustard multi-billionaire selfie

lmao the worst part of it is you're going to be forced to share your home with an absolute stranger in the garden apt and you can't even walk around in your underwear like a MAN in his KINGDOM. You're a pussy if you agree to that.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221352)



Reply Favorite

Date: January 23rd, 2018 8:20 PM
Author: Aggressive thriller death wish

? the garden apt is completely separate.

but yeah, no nude sunbathing in backyard.

wouldn't be possible anyway even without a garden apartment, bc it's an urban neighborhood

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221385)



Reply Favorite

Date: January 23rd, 2018 8:22 PM
Author: Mewling mustard multi-billionaire selfie

Do things that make you STRONG. Jfc clean your room.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221407)



Reply Favorite

Date: January 23rd, 2018 8:19 PM
Author: frisky piazza

Go for it

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221368)



Reply Favorite

Date: January 23rd, 2018 8:21 PM
Author: Turquoise locus

Um this scenario sounds entirely plausible, fuck you and your non problems and rational life planning, some of us are trying to MAEK it

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221391)



Reply Favorite

Date: January 23rd, 2018 9:16 PM
Author: bull headed rehab bbw



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221946)



Reply Favorite

Date: January 23rd, 2018 9:22 PM
Author: vigorous vermilion dilemma



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222004)



Reply Favorite

Date: January 23rd, 2018 8:22 PM
Author: Cerise Spectacular Point Alpha

tell her you pick the tenant. advertise to backpage hookers and strippers telling them $150/mo and pick the hottest.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221396)



Reply Favorite

Date: January 23rd, 2018 8:22 PM
Author: Big locale foreskin



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221412)



Reply Favorite

Date: January 23rd, 2018 9:14 PM
Author: brass mentally impaired lodge wrinkle



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221908)



Reply Favorite

Date: January 23rd, 2018 10:11 PM
Author: well-lubricated macaca

woah Cr

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222494)



Reply Favorite

Date: January 24th, 2018 12:23 AM
Author: Contagious slimy house philosopher-king

sounds good in theory but she's gonna bring a crazy/trashy vibe to your house. better to rent it out to a quiet superstudy asian chick.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223523)



Reply Favorite

Date: January 23rd, 2018 8:23 PM
Author: glittery menage chad

how much are the taxes?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221413)



Reply Favorite

Date: January 23rd, 2018 8:24 PM
Author: Aggressive thriller death wish

~$13k

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221420)



Reply Favorite

Date: January 23rd, 2018 8:25 PM
Author: Maize Rambunctious Area

how much is your current rent?

how much is it to rent a place comparable to the house?

do you need a place comparable to the house?



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221437)



Reply Favorite

Date: January 23rd, 2018 9:59 PM
Author: Aggressive thriller death wish

current rent is $1500, rent controlled so it can only go up with inflation but it's a dilapidated shithold.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222369)



Reply Favorite

Date: January 23rd, 2018 10:07 PM
Author: Maize Rambunctious Area

well done. $215k and living on $18000 rent is admirable.

it's put you into a position to consider overspending for housing.

i don't like buying a house so expensive under these circumstances, but if this is the house you intend to retire in, then it's probably doable.

how old are you both? how safe are the jobs? you know you are one less job away from being foreclosed upon if you get such an expensive house vs being able to live where you are at indefinitely even without a single income

edit. i forgot about the rent out apartment. that makes it a much more viable option



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222465)



Reply Favorite

Date: January 23rd, 2018 10:13 PM
Author: Aggressive thriller death wish

thanks mang. one of the reasons we've been supersaving is because future rents/prices in the area we live in are so uncertain. market rents have gone up like 10% year-over-year for the last 10 years. and house prices have gone up 20% just in the last year.

"how old are you both? how safe are the jobs? you know you are one less job away from being foreclosed upon if you get such an expensive house vs being able to live where you are at indefinitely even without a single income"

I'm 31, wife is 28. my job is probably pretty safe, but hers is in a cyclical industry. yeah, good point about what happens if there's a recession and we lose a job--we've discussed it.

i mean, all in as long as my job is safe i think we could afford it without dipping into savings. if i lose my job, we'd probably have to dip into savings, but we have almost $720k saved up. but if there's a recession that $720k is gonna only be like $500k (it's invested in index fund ETFs)

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222510)



Reply Favorite

Date: January 23rd, 2018 10:19 PM
Author: Maize Rambunctious Area

son of a bitch you've done well being that young.

if one of you loses a job, i think you take steps right away to preserve cash from savings so you don't get double bitch slapped from no job and etf going to shit.

otherwise, i think you can cruise along as you are. in some sense, this is just diversifying your investments. that's good. real estate has gone up a lot recently. bad. but so have stocks. good.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222578)



Reply Favorite

Date: January 23rd, 2018 8:24 PM
Author: Maize Rambunctious Area



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221421)



Reply Favorite

Date: January 23rd, 2018 8:23 PM
Author: Galvanic Low-t Party Of The First Part

Lmao

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221418)



Reply Favorite

Date: January 23rd, 2018 8:24 PM
Author: Aggressive thriller death wish

explain

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221426)



Reply Favorite

Date: January 23rd, 2018 8:25 PM
Author: Mewling mustard multi-billionaire selfie



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221434)



Reply Favorite

Date: January 23rd, 2018 8:47 PM
Author: territorial purple main people



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221665)



Reply Favorite

Date: January 23rd, 2018 11:53 PM
Author: Bright chest-beating national



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223385)



Reply Favorite

Date: January 23rd, 2018 8:26 PM
Author: adventurous federal state

You could comfortably do it with a tenant, but you'd be better off putting the 720k into ZIL.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221448)



Reply Favorite

Date: January 23rd, 2018 8:28 PM
Author: startled zippy background story

Or up his ass but let’s be real, it’s going to the house

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221462)



Reply Favorite

Date: January 23rd, 2018 8:30 PM
Author: harsh navy jap

the tenant will likely "rape" your wife

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221478)



Reply Favorite

Date: January 23rd, 2018 8:44 PM
Author: Mewling mustard multi-billionaire selfie

can't wait till he comes home and it's some tatted up badboy and his wife is like "he's perfect! and he can do manual labor stuff around the house!"

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221637)



Reply Favorite

Date: January 23rd, 2018 8:48 PM
Author: up-to-no-good library

For me, one of the main purposes of home ownership is security and privacy.

I can't imagine paying $1 million and having a random living on my property 365 days a year.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221667)



Reply Favorite

Date: January 23rd, 2018 8:48 PM
Author: Red Alcoholic Bawdyhouse



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221674)



Reply Favorite

Date: January 23rd, 2018 8:49 PM
Author: Cerise Spectacular Point Alpha

pretend it's a serf.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221679)



Reply Favorite

Date: January 23rd, 2018 8:49 PM
Author: territorial purple main people



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221683)



Reply Favorite

Date: January 23rd, 2018 8:52 PM
Author: Multi-colored forum

it could also be a nigger or a beaner, lol at paying 1 mil to share your home with a nigger

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221713)



Reply Favorite

Date: January 23rd, 2018 10:00 PM
Author: Racy peach center

would b3 great for an au pair or something assuming kids one day.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222389)



Reply Favorite

Date: January 23rd, 2018 10:01 PM
Author: Aggressive thriller death wish

for us it would be living in a non-shithold without having to fear that rents will continue to rise 10% per annum forever

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222402)



Reply Favorite

Date: January 23rd, 2018 8:48 PM
Author: carmine ticket booth filthpig

u=cuck

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221673)



Reply Favorite

Date: January 23rd, 2018 8:49 PM
Author: Mewling mustard multi-billionaire selfie

if your wife even proposes something like this, you know she doesn't respect you

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221680)



Reply Favorite

Date: January 23rd, 2018 8:51 PM
Author: carmine ticket booth filthpig



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221698)



Reply Favorite

Date: January 23rd, 2018 8:49 PM
Author: Red Alcoholic Bawdyhouse

Will the renter also fuck the insanity out of your wife? If not, then I wouldn't go through with it.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221685)



Reply Favorite

Date: January 23rd, 2018 8:50 PM
Author: exciting elite school cafeteria ceo

We have a $1.3 million house on dual biglaw incomes and I feel like it’s too much.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221694)



Reply Favorite

Date: January 23rd, 2018 9:18 PM
Author: vengeful windowlicker temple

Because it is

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221968)



Reply Favorite

Date: January 23rd, 2018 11:51 PM
Author: arousing den international law enforcement agency

no it's not, assuming they're not first years.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223371)



Reply Favorite

Date: January 24th, 2018 12:22 AM
Author: vengeful windowlicker temple

Assuming they are not partners, it is

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223519)



Reply Favorite

Date: January 23rd, 2018 8:54 PM
Author: Emerald Voyeur Pocket Flask

Guaranteed she'll want a Cayenne and 150k in new furniture within 90 days of closing. My advice: divorce and start over.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221727)



Reply Favorite

Date: January 23rd, 2018 9:11 PM
Author: Hideous office internal respiration

If he divorces he will have to pay alimony lol

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221887)



Reply Favorite

Date: January 23rd, 2018 9:15 PM
Author: frisky piazza

* Murder

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221929)



Reply Favorite

Date: January 23rd, 2018 9:22 PM
Author: pontificating self-centered immigrant principal's office

Is this legal advice?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222012)



Reply Favorite

Date: January 23rd, 2018 9:59 PM
Author: Aggressive thriller death wish

nope

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222375)



Reply Favorite

Date: January 23rd, 2018 9:03 PM
Author: Nubile resort lettuce

I bought an expensive house and liked it but god damn . . . I was stretched really thin when the crypto boom started and could barely put anything in. Literally the difference between working and wagecucking for the rest of my life. You can AFFORD it but it isn't the best use of your $$$.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221835)



Reply Favorite

Date: January 23rd, 2018 9:16 PM
Author: pontificating self-centered immigrant principal's office

If you're coastal global elites, do it. It's insane but you won't get poured out in the worst case. Also, never ever divorce.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221950)



Reply Favorite

Date: January 23rd, 2018 9:17 PM
Author: frisky piazza

LJL at calling this poormo a coastal elite

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221956)



Reply Favorite

Date: January 23rd, 2018 9:21 PM
Author: pontificating self-centered immigrant principal's office

He and wife can still eat food. I'm assuming their parents pay for down payment.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221997)



Reply Favorite

Date: January 23rd, 2018 10:00 PM
Author: Aggressive thriller death wish

no, we're self-made. essentially saved up $100k per year over last 7 years.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222385)



Reply Favorite

Date: January 23rd, 2018 9:19 PM
Author: brass mentally impaired lodge wrinkle

doable, until she gets pregnant and you are down to one income

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35221982)



Reply Favorite

Date: January 23rd, 2018 9:23 PM
Author: Cerise Spectacular Point Alpha

and up to 3 tenants.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222018)



Reply Favorite

Date: January 23rd, 2018 9:24 PM
Author: vigorous vermilion dilemma



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222038)



Reply Favorite

Date: January 23rd, 2018 10:01 PM
Author: Aggressive thriller death wish

we already have a kid, but our parents take care of him during the day

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222391)



Reply Favorite

Date: January 23rd, 2018 9:22 PM
Author: titillating meetinghouse

sounds completely within your means.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222011)



Reply Favorite

Date: January 23rd, 2018 9:40 PM
Author: Wine floppy hall roommate

How’s dc

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222184)



Reply Favorite

Date: January 23rd, 2018 10:02 PM
Author: Aggressive thriller death wish

something like that

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222407)



Reply Favorite

Date: January 23rd, 2018 10:12 PM
Author: drab goal in life parlour

Howd you save so much money? That's ~$200k household income, right?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222501)



Reply Favorite

Date: January 23rd, 2018 10:14 PM
Author: Aggressive thriller death wish

yeah, we live like poors. pay $1500/month for a rent-controlled 2-BR shithold apartment, cook at home rather than eating out, our mothers take care of our toddler, live in an urban neighborhood where we don't need to own a car to get around, etc.

it's easy for me because i grew up prole as fuck.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222524)



Reply Favorite

Date: January 23rd, 2018 10:21 PM
Author: Maize Rambunctious Area

in your shoes, i'd rather retire early. if that's not as important to you both, and it's obviously not, then buy

one of your parents is going to end up in your garden renter

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222603)



Reply Favorite

Date: January 23rd, 2018 10:33 PM
Author: drab goal in life parlour

impressive

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35222757)



Reply Favorite

Date: January 24th, 2018 12:25 AM
Author: Contagious slimy house philosopher-king

good job. she's a keeper if she's happily participating.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223538)



Reply Favorite

Date: January 23rd, 2018 11:52 PM
Author: Dashing chrome corner

Wife and I earn about $250k. We'd have to be more careful with money, but i think we could afford a house in that ballpark.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223381)



Reply Favorite

Date: January 23rd, 2018 11:55 PM
Author: arousing den international law enforcement agency

yeah but at 250K I wouldn't recommend that. the key fact here is that OP has 700K+ saved up already so he could pay the mortgage for years on that alone.



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223398)



Reply Favorite

Date: January 23rd, 2018 11:55 PM
Author: Bright chest-beating national

of course you can afford it, retard.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223400)



Reply Favorite

Date: January 23rd, 2018 11:56 PM
Author: arousing den international law enforcement agency

cr.

some of these threads are so ridiculous I wonder if people like that just want us all to pat him on the back and tell him how good he's doing. not gonna do it, no sir.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223403)



Reply Favorite

Date: January 24th, 2018 6:46 AM
Author: ruddy heady ladyboy



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35224357)



Reply Favorite

Date: January 23rd, 2018 11:58 PM
Author: Grizzly fiercely-loyal pit roast beef

$300k income here. House was $350k. It has plywood on some of the walls.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223409)



Reply Favorite

Date: January 23rd, 2018 11:59 PM
Author: arousing den international law enforcement agency

current mortgage on said property?

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223413)



Reply Favorite

Date: January 24th, 2018 12:00 AM
Author: motley weed whacker

Like everybody else said, be careful about who you choose as the tenant; you'll have less geographic flexibility than you do renting; and do your homework as far as making sure the house is priced similar to comps (because it's a big decision. Sure if you stay many years it evens out to some degree, but you don't want to overpay up front on something so expensive). But if you're already cool with all that and you just have the cash flow question yeah you can totally afford it.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223421)



Reply Favorite

Date: January 24th, 2018 12:28 AM
Author: hairraiser hyperventilating kitchen preventive strike

Buying an expensive home is a complete money pit that has very poor ROI once you factor in mortgage interest, property taxes, and property maintenance.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223547)



Reply Favorite

Date: January 24th, 2018 12:30 AM
Author: Contagious slimy house philosopher-king

Alternative question based on OP:

What's the ideal price of a home for couple making $215K (before taxes)?

$720K in savings is substantial. I'd say they can definitely afford the house. Aside from the down payment, if they didn't want to dip into their savings, if they rent out the room at $1400/mo and save $97K/yr, they could pay the house off, they could pay it off in 7 yrs.



(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35223554)



Reply Favorite

Date: January 24th, 2018 2:59 AM
Author: Aphrodisiac Magenta Location Laser Beams

I fucking hate the UMC

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35224060)



Reply Favorite

Date: January 24th, 2018 8:58 AM
Author: sooty vivacious mood university

move to the suburbs. fuck raising kids in some urban shithole.

(http://www.autoadmit.com/thread.php?thread_id=3868869&forum_id=2#35224726)