How much can I afford to pay

[Bryan Barrett]

I am trying to answer the queston:

“How much can I afford to pay?”

Can you help me?

I have 2 houses and a rural property.

House 1 – Rental. I owe $70k on it Zillow says its worth $185K

House 2 – Primary residence. I own this house free and clear. Zillow says its worth $290K

Rural Property MS – I own 30 acres Vacant with improvements (cabin and pavilions). Worth $150K

I have no money in savings now but could probably scrape up about $5K

How much can I afford to pay?