Quote:
Originally Posted by zx10guy
A 10% front end ratio is fantastic. Don't know if I've been smart or just plain lucky. But both of my homes PITI are below 28% for me. This is why I can afford to not have any roommates or a need to rent out my vacation home to help pay for it. The only hiccup that put a wrench into this was my divorce. But I'll be able to dig out of it hopefully in the next few months.
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Yeah, I'm very lucky. As mentioned earlier I live below my means and put 20% down on my first house. I didn't include my roommate in there (twin brother), which brings that PITI number from 10.3% to 3%... haha. I was making money living in my own home when my buddy lived with us as well!