Financially Intentional Conversations with a CFP, Vol. 4- Should I buy a house?
In this episode, we are looking at the housing market and impending market correction. We cover:
- How much of your gross/net pay your mortgage should be.
- How having liquid savings to decreases your chances of defaulting
- Getting creative in your purchases by investing in house hacks vs multi-family residences
- Proposition 13 and the impact on tax reductions
- Borrowing from retirement funds for down payments
- Where to hold your short term savings while home shopping
- Plans to increase housing inventory
- Downpayment and homebuying assistant program
- Savings/investing apps everyone should use
We want to hear from you! If you have money questions or if you want us to assess your finances, please complete this form. If you want to join in on our conversations LIVE, we record Mondays 10 am PST. Make sure you like and follow my Facebook page to get notified when we are LIVE.
Links Mentioned:
High Yield Savings, SoFI, get $25 when you deposit at least $100
Looking to invest in Real Estate? Check out Roofstock
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