So our apartment building was sold to a new management company and now our rent is increasing by 28%.
I guess that means it’s time to get a full time job on top of my freelance work.
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I thiiiiink I can secure a home loan if I get a full time job. paying the mortgage would be easy—an $1100 mortgage would be way lower than $1500 rent—but the issue is that pesky 36% debt to income ratio required. A $200,000 house needs an income of like $55k a year. I make… $35k at best.
