yeah i know.... its because i'm doing a stated loan, since i really can't prove anything in terms of my finances with the roommate's rent and a good portion of un-documented cash.
the 6 5/8ths i can live with. hell, i have 6.5% on the condo + pmi.
but that 9 is a slap in the face.
yes, its high, but its also a write off.... which kinda evens itself out a little bit. yeah, i'll pay more throughout the year, but i'll have a much higher write-off at the end of the year as well. and in my tax bracket, write offs are important to have.
i want this house real bad. its dope. i'm 100% on the house. but the finances are about 300/month over what i wanted to spend.
if/when the market re-kicks in, i'll have a lot of equity in the place. 3 years ago, this place probably would have listed for 425.
its brand new, so i don't need to worry about a roof right away or anything like that either... and finding new houses that aren't 500k+ is hard to find around here.
i dunno. i'm 100% on the fence.