How should I tell my friend that he probably shouldn’t be buying a house?
Income: about 160k Debt: 250000 in student loans Putting 5% down $310000 house that he plans to basic updates on. Married with 1 toddler.
To me this screams irresponsible. I’m not gonna give unsolicited advice, but want to be ready in case the opportunity arises.
original posted by Dull-Isopod-9153 to r/personalfinance on Sat, 02 Mar 2024 17:51:00 GMT.