Movin’ On Up
What are the 3 things Dave wants you to have before you buy a house?
QUESTION: Dustin and his wife bought a house last year and make $120,000 a year. They want to move up in house, but have $23,000 left in debt. What is Dave’s plan for moving up in house? It’s pretty simple.
ANSWER: Be out of debt except the house. Be debt free with an emergency fund of 3-6 months of expenses, then save a down payment. If you’ll move in a home with no debt and an emergency fund, the house will be a blessing. If you don’t, Murphy will move in your spare bedroom.