Quote:
Originally Posted by Kruel
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Without attacking you or starting a arguement since i would like to stay neutral. Please answer this question.
Say.. tomarrow your GF/Wife/Finace is sleeping with another guy and you get a phone call. How are you now paying for said 220k house? I really curious to see how you would get out of some financial situations.
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Well, her name is on the house. If anything went wrong, I would just move out into an apartment, and we would split the belongings as we already have planned. We buy things off/on. I buy a tv, she buys a couch, etc. This way if anything happens, the breakup would be painless. She would have a hell of a time paying full rent, but she makes really good money, so she could manage that.
After we are married, we plan to use my VA Loan for our upgraded house. This will happen when I'm done with school and well into my career. Then the new house will be in my name, so I can get the reduced interest rate, and I will make her my stay at home housewife.
Really not that hard. In one year we made enough to almost buy the house outright. Of course we didn't put that much into it, but ... in any situation we could afford this home. We could have went bigger, but that would have been a mistake. Don't bite off more than you can chew.
We are both really good planners.
Plus, she's a young doctor....