Have you ever bought a house?
If you bought a house did you have money to put down to buy it? How did you come up with that amount? Did you take out a loan, save or something else?
I'm looking into it and I need several thousand dollars to put down, it seems. I'm sure I can do it, the how is what I haven't figured out yet, lol.
We had some savings so gave the initial downpayment and rt now we make sure we pay our monthly installments.
Some tips for downpayment 10-20% for conventional loan:
4. 401K account
5. Inheritance (if you have any .... we didn't)
You can take FHA loan with only 3.5% down payment but you have to pay PMI.
Also do get in touch with a good realtor, they always have ideas.
All the best with your house hunt.
I wish I knew more about stocks and IRA accounts so that I could make a better decision in regards to this. I just need to research my options I suppose!
I have the terrible habit of going to the store like three+ times a week and if I do... I'm always like That's yummy! And that! That's on sale! Let's get that too! And spend waaaay more than needed.
If I plan a menu for like two weeks and get everything I need... no more trips, no more extra expense. Saves me so much money.