Hi, Guest
First house I bought I put down 25% on it, course my mother helped out a little. She wanted to move to the city and so I rented the upper level of the new house to her, while I lived in the basement paying only utils.
Now the second ouse is arriving and i'm financially in worse shape, but again, I already know how much monthly i'm going to be hit and prepaired. Something some people maybe aren't ready for. The simple fact that we added up our monthly expenses here and found that some months we paid over $800 in utilities/services was unreal! But it easily adds up, cable TV w/ all the goodies, phone with all the goodies, wirecare, phonecare all that stuff that over the years somehow they talked me into saying yes to..
Heres what I'd say, on your first house, just minimuze all your unnecessary expenses, DO NOT go and buy tons of furnature for your house.
The last thing you want to do is leave yourself in a situation with no cash in the bank, living pay cheque to paycheque...
Now the second ouse is arriving and i'm financially in worse shape, but again, I already know how much monthly i'm going to be hit and prepaired. Something some people maybe aren't ready for. The simple fact that we added up our monthly expenses here and found that some months we paid over $800 in utilities/services was unreal! But it easily adds up, cable TV w/ all the goodies, phone with all the goodies, wirecare, phonecare all that stuff that over the years somehow they talked me into saying yes to..
Heres what I'd say, on your first house, just minimuze all your unnecessary expenses, DO NOT go and buy tons of furnature for your house.
The last thing you want to do is leave yourself in a situation with no cash in the bank, living pay cheque to paycheque...