Related Posts
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site
Send download link to your phone
OR
Scan your QR code to download
Fishbowl app on your mobile
Lenders usually like to know you've been employed and have a stable job. I see getting approved being your only barrier.
At $3,000k a month in rent you would be able to afford the mortgage, taxes, and insurance over a 30 year term. Please get a good lawyer and define ownership and maintenance responsibilities. I'd imagine your monthly mortgage to be around $2500-$3000 a month including taxes, interest, insurance, HOA.
Even if you're living there, make sure to have a proper inspection done :)