new buyers left behind in mortgage rush, page-63

  1. Justis
    61,565 Posts.
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    12/11/13
    16:58
    Post #: 12559794
    tbudda, if you are looking at place $500k for a first home IMO that is a stretch.

    You could pick a near new 3x2 for $350k, if you have $80k that would mean borrowing $270K. You current rent would cover interest and rates, rent out 0ne room for $200 of two for $150 each
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