Currently renting, but would like to buy. Using an 80/20 fixed rate loan, I’ll pay up to $2700/mo (PITI in 2007 dollars) to live in a nice house 1800sf or larger, in the following neighborhoods:
Mission Hills/Hillcrest
Nice parts of North/South Park
Solana Beach/Del Mar
Encinitas/Leucadia
Needs to be at least a 2/2 with a 2-car garage. If this is never possible, I’ll just rent for less. Already get a business expense deduction for part of the rent so the MID is not a factor.
