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Old 06-10-2009, 08:38 PM
RadiatorRT RadiatorRT is offline
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Default Need help making a huge financial decision!

Will try to make this short. Im 24, my wife is 23, got married oct 2008. I work 77,000 a year base,easy for me to pick up more shifts and work myself to death... she is still unemployed. However, base starting salary for her field is about 35-40 grand, tops. She is looking for a job. Im doing my masters which is 1,000 per credit. I have 5 g of student loans and 24 credits left. After my masters I am going to medical school(up to 40g a year). My wife wants a luxury condo. We have seen it, we both like it, it costs 365,000 dollars. Ideal location, ideal everything. Her father is giving us 150g down payment. I dont want the condo, she does. She is insistent on it. She wants to move out. I rather rent than get into that debt. She doesnt want to rent, she just wants this condo, and only this one. Should I give into this? Is this a wise choice? (methinks no but please knock some sense into me)....pains me to say but this might end in divorce if i dont get this condo. I barely dodged a bullet by not signing the contract today to buy more time. Btw, we now live in my parents basement. I understand that I cant live here forever and am willing to rent...Should I rent? Should I buy a condo? Should I take the next plane out of the country and never return? (amazes me what thoughts can creep into one's head).


Please help,
Thanks in advance

Jack
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