28yo single male, no debt, 110k income, LCOL (Dallas). I've been living fairly frugally, maxing out 401k and reached 170k NW.

I kind of want to splurge on a LUXURY ($2,100/mo) apartment. It's an amazing place, high rise, 20th floor, large balcony, floor to ceiling windows, loft style in the middle of the nicest part in Dallas 🥰😍

1) would my application even get approved due to my income?

2) is this too much?

Open to all opinions! TiA!

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Would get approved, is fine and within range.

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I pay $2500 on the 32nd floor, same description. It gets old fast tbh, but you should definitely experience it

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The lifestyle and everything that comes with it is great, but I get tired of looking at the same thing. Just like a new car, it gets old. Being so high up is a pain in the ass to leave as well when going down the elevator.

But it’s a catch 22, you need to experience it to get tired of it first. I was in the same boat as OP, wanted to splurge bc ive been frugal but I realized I’d rather spend the $2500 in the market and get a house instead

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Is Dallas LCOL? I always thought Dallas is MCOL

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Dallas is def not LCOL.

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YOLO, FOMO

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Do it!!!! You’re clearly responsible with your finances and can afford it - do this now and you can always choose to buy in a year from now (or whenever you’re done with you’re fancy new place) 🙂

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Thanks!

You’ve done well so far. Why not play the long game with it?

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Okay dad 😕

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Too much in rent.

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If near DART, meh for food and entertainment. If on the other side of allude Warren near victory park, uptown, or the deep ellum area - could be fun for 12 months. Enjoy the view!

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Yup it's in uptown!!

Don’t spend the money unless you are really going to be there to enjoy the space.

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Thanks we are WFH now and will be hybrid WFH Friday&Monday moving forward after so that makes me feel good

Live it up, you only live once, but one suggestion I will make is possibly looking into anthem city line apartments, a friend of mine used to rent there before he moved to the DMV, which is where I am from. I thought it was a great apartment cheaper than 2100 a month, look in to it, they have the ceiling to floor windows that you were referring to as well. But all in all do what makes you happy.

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I make a little more (150k) and spend this much on rent in Austin TX. It was totally worth it upgrading from my 1K/ month apartment.

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Nope I’m just high up

1) if you have good credit yes
2) its an apartment, just a 1 year commitment. But if you're gonna do it, do it right and live it up while you're at that phase of life

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Bruh I make 82.5 and pay 2050 for a small 1 bedroom in a HCOL. You’ll be fine.

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Damn are you me? I’m 27, make 150k, and pay $1600 in oak lawn currently. Would like to buy a $450k townhouse…

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