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Should I continue to rent/save or buy a house?
Should I continue to rent/save or buy a house? I (36m) am a single (divorced) dad in the Twin Cities, looking for some financial advice and trying to understand how much house I can afford. Here’s a quick breakdown of my finances: Salary: $83,766 Monthly take home: $4,492 Employer Bonus: $7K (will be less in ‘25) Freelance Work: $5K Monthly expenses: $3,550 HYSA: $100K (4% APY) 401K: $65K (5...
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