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Updated over 3 years ago on . Most recent reply

Andrew S.'s profile image
Andrew S.'s profile image
Andrew S.
  • from Maryland
  • Member since Jan 18, 2009
Connect

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23
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3
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Andrew S.'s profile image
Andrew S.'s profile image
Andrew S.
  • from Maryland
  • Member since Jan 18, 2009
Connect
Andrew S.
  • Maryland
3
Votes |
23
Posts
Starting Out

Need some advice/direction

Andrew S.
  • Maryland
Posted
Hello. I would like some advice/direction. I am about to be 40 next month. I make around $950/month (net). In a year I will be completely debt free. Though, I don't have any savings. After that time, I have a wealthy friend who is going to give me $100,000 toward my housing situation (I am currently living with my parents). My idea, currently, is to use that to buy a condo free and clear. I have thought about house hacking with a multi-unit, but I'm not sure. Thank you in advance for your thoughts on this.
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