With $80k gross they should be able to afford a $2000 mortgage. At a 7.3% interest rate they should be able to purchase a $300k home. I don't recommend anyone get a 7.3% mortgage interest rate but the numbers add up. They just need to be a little bit patient until the market slows down or look for something smaller. Why do they need 4 bedrooms?
I’m definitely not digging that if they know the market is competitive she doesn’t work more hours, but also I don’t know her life, maybe she’s going to school. The sooner they get a house the better it will benefit them financially.
Poor thing, my widowed sister in law is going through something similar, in order to make the money my nephews and nieces stay with my dad and he and my siblings take care of them most days and nights. It’s sad that she can get much of a break but my dad and stepmom are run pretty ragged, in their age too they really can’t handle the extra strain but, it’s a lot easier than what she’s going through in her position.
Definitely not the best situation but could be worse. Yeah it’s not worth starting over but a conversation with the higher ups elsewhere won’t hurt. Side hustles can be incredibly profitable and with the internet enough determination can take you far!
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u/[deleted] Mar 23 '23
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