Luis
Appearances
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
We would want to get like a single home. house, family, like three-bedroom, two-bath, something like that. We always have family over.
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
We're looking around $400,000. Okay.
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
That's kind of the goal that I'm trying to set. I'm fine with waiting until we get 20%. But if you guys recommend 1510 or something before, we can pull the trigger as well.
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
Got it. Yeah, because like talking about sacrifices, I own a business, and when I was a little younger, I think I made a rookie mistake of buying an $85,000 work truck. It paid off, but if you don't mind asking a second question, should I sell that truck? and buy a $34,000 truck, and then that would speed up the process.
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
Hey, guys. Nice to meet you guys. How are you?
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
Yeah, so I'm 24 years old, married. My wife is also 24. Our household income is about $90,000 to $100,000 a year. About eight months ago, I started hearing about your show. Immediately, we went debt-free. It was a no-brainer. Now we have an emergency fund, and we are currently renting and in the process of getting money for a down payment for a house.
The Ramsey Show
It’s Never Too Late to Clean Up a Financial Mess
So the question is, um, what advice would you guys give us, uh, for as a first time home buyers? Should we save 20% down, um, uh, 20% down payment or should we do an FHA loan conventional? What would you guys recommend?
Up First from NPR
A Sunday in the Park
And also there's a huge Ecuadorian community here and it's growing.