I’m a veteran. If I make only $57K a year, and I apply for a VA home loan, do you think I can afford a home?
Leroy asked:
in hawaii? I just need a 1 bed room house that’s all. I don’t drink or smoke, and I only eat vegetables, so I am very skinny. I plan to move to Kauai next month. I got a big job there waiting for me. I just want to know if I can afford a home with a home loan and my salary. Just a small home with 1 bed room. I don’t care about bathroom, I’ll just go outside in the jungle to ****. I just need a place to sleep. That’s all. Or maybe I can rent. Please help. Thank you
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in hawaii? I just need a 1 bed room house that’s all. I don’t drink or smoke, and I only eat vegetables, so I am very skinny. I plan to move to Kauai next month. I got a big job there waiting for me. I just want to know if I can afford a home with a home loan and my salary. Just a small home with 1 bed room. I don’t care about bathroom, I’ll just go outside in the jungle to ****. I just need a place to sleep. That’s all. Or maybe I can rent. Please help. Thank you
Kansieo.com
June 7th, 2010 at 5:23 pm
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It’s almost impossible to find a 1-BR home. Median home prices are close to $625,000 now. The lowest 1-br home will probably be around $450,000.
A condo is a good possibility. Median prices are over $500,000, but a 1 or 2-bedroom should be able to be found closer to $200,000. With a VA loan, that will put your payment at about $1200 + maintenance fees + taxes.
Email me if you need more info. You need to talk to local lenders that can do VA loans.
June 10th, 2010 at 6:02 pm
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Your comments about going outside to **** make me wonder how serious you are about this whole endeavor. You will not find any sort of house w/o indoor plumbing & I think you must know this already. Unless you have a ton of savings for a very substantial down payment, I don’t think owning in Hawaii is a realistic option for you.
June 12th, 2010 at 4:20 am
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Earl , thanks for serving this country! i think the VA can help, but Kauai is beautiful but very expensive, i must say it may be the loveliest island of the islands. good luck to you!