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Guys Could you please help me with a referral in PwC .. preferred Location Kolkata
YOE 1 YR 10 MONTH
Technology - Sql, FTL, Jira, jenkins, Bitbucket,Agile Methodologies , Htmlcss, bootstrap, angular (beginner level), Core java
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currently in notice period 29days left ..if you have anything me , please help 😊
Chief
Had a bad showing for case interview about a month ago. I knew the material i just straight up had a bad day. Took feedback in exit interview and feel prepared to reapply for a different role with no cool off time… should I still wait or shoot my shot?
Asking as I am curious if my app will be flagged as I just applied to another role recently.EY-Parthenon
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Sorry, can't help it
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Best place to find area rugs online or DMV area?
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Patriots vs Eagle - who will and y?
Time to beast mode this spreadsheet #deadlines
Rising Star
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My 2c - 500k mortgage in a LCOL seems like a too big, too soon move for you. Specially when you are thinking you may relocate in a few years. That’s not an investment property, it’s a home.
Go for something smaller that if you move can be easy to rent out and have it as passive income until you want to sell.
M1- exactly. Free money is by far the best kind of money. :-)
Rising Star
Honestly, I’d pay off those loans first and wait a couple years. Will have a lot more flexibility with cash without debt obligations.
I’m with EY1. Pay off your loans, do more research, and wait to see how things shake out in the next 1.5 - 2 years before making your move
I would not plan on buying unless you aren't planning on moving for at least 5 years. It's too much of a cost and hassle for any timeframe less than that.
Bruh you have 70k in debt and you want to buy a half mil house? Cmon man live within your means.
$500K house at 20% down means a $100K down payment which would wipe out your savings. I wouldn’t do that.
If you can save X incremental dollars per year, how long would it take you to buy a home at $Y price with 20% down and still have 4+ months of savings in the event of job loss? That’s a solid question. Also, factor in how the mortgage is going to impact your cash flows.
I should’ve mentioned that I’m a veteran so will do 0% VA loan. I’ll most likely maintain ~75-100k in savings post purchase and cash flows with current job are non issue.
Buy the house. 100% buy the house. Fuck paying someone else’s mortgage, pay your own. Rent out the second bedroom. Buy the house.
500k is a lot in a LCOL and that is more than 3 times your gross income. When I think LCOL, I feel you should get a starter home (until you have kids who hit about 5 years old) that costs in the 350-400k range. Don’t get carried away with the low interest rate thing. It’s a trap and you can easily over extend yourself and be able to rationalize it (this is like buying a 350k house 4 years ago!). Hope this helps..
If you are buying- stick to SFH if you are looking to make money once you move. Townhomes and condos do not appreciate well and fare less well in downturns. Great numbers and saving! Good for you!
Rising Star
100k in savings barely covers the 20% down, you need to show you have 6-9 months mortgage reserve, 6-9 month tax reserve and closing costs 15k average. You can put less down, so you have the cash needed but think through your purchase to see if you’re going to be house poor. Can you afford the house maintenance costs and repairs? Do you have a 6 month emergency fund just in case you get laid off? I was just looking at houses, I make 170k base (200-220k w bonus), 110k in savings, 0 debt, 200k in 401k, single don’t take care of anyone and felt uncomfortable spending 500k on a house. I still want to go on vacation and be able to afford stuff. Why not get a less costly house then upgrade in 5 years?
I just purchased a house & create the pressure which isn’t bad
Interest rates are at the lowest in history. If you’re financially stable, then you’d be an idiot to miss out on it; especially a future passive income opportunity.
Refinance your student loans like you should have months ago.
Rising Star
Or build cash and negate the interest rate benefit all together with a larger down payment
Chief
But in an area where it’s easy to rent, such as near a local university. If you move you can rent it out to students. The American economy is very volatile.
Chief
A friend of mine bought a house in CT, then got laid off and had to move to Cambridge for a new job. It was hard for her to sell, and she ended up paying rent in Cambridge.
Cosign everyone recommending you pay loans first, as the timeline also converges with potential career path inflection points... only caveat is if you have a good bead that real estate value growth in your area could outpace your loan costs and/or provide a backup income stream (rental, AirBnB-type) if your career/life takes you elsewhere and you aren't able to immediately sell.
Look at the difference in what your mortgage + taxes + insurance note will be compared to what you are currently paying in rent. HCOL city here, realized that I’ll be paying slightly less per month to buy a condo (2x the size renting now). Granted, the city I’m purchasing in is basically housing bubble proof so I’m less worried about an economic downturn thru the next several years.
Just seems like too much house for you right now. Don’t underestimate how much work a house is to take care of. And more house means more work as well.