Should I buy a house?
I am 24 and recently graduated from college. I make $100k/year plus a 15% bonus and have $50k in student loan debt. My goal is to pay off my loans as soon as possible, but I also want to buy a house. My idea was to purchase a house and have friends live with me until I pay off my loans using the snowball method (~ 2years). This would allow me to put an extra $2k towards my loans each month while also having a surplus of $1000/month to live off of. Is this a good idea or should I tackle this another way? Thanks!
Posted Mar 12, 2018, 9:46 PM UTC
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