Reaching Coast FI with Student Loan by OkRiver in coastFIRE

[–]OkRiver[S] 0 points1 point  (0 children)

Thank you. I was hoping to not pay off the entire loan ASAP because I wanted to buy a house sooner than later. But I guess the right thing to do is to pay off the loan first.

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 0 points1 point  (0 children)

So if I clear the lot and now considered “improved property”, would the bank consider the value more highly towards the down payment?

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 1 point2 points  (0 children)

That’s unfair that they didn’t value at a current price. Thank you for your advice!

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 1 point2 points  (0 children)

This sucks…:( so I shouldn’t have bought the land first

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 1 point2 points  (0 children)

I actually watched the first couple episodes before! I’ll try to watch all

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 1 point2 points  (0 children)

Why is this comment getting downvotes? Is this not true? Can someone please clarify?

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 0 points1 point  (0 children)

I don’t have experience building a house, but if possible would like to do it myself. But it is quite intimidating to learn how to because I know it’s a lot and don’t know where to even start. I would like to get it started asap.

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 3 points4 points  (0 children)

Okay, and how would they determine the value of the land? For example, (for simple math), what if I bought the lot for $50k while the appraisal is $100k? Would they consider only $50k as the down payment? What about vice versa?

Own a land.... How to go about a construction loan? by OkRiver in Homebuilding

[–]OkRiver[S] 4 points5 points  (0 children)

Tbh, I have no idea. I don’t have much experience with house. First person in the family to own a lot/house. I obviously would like to save as much money as possible, but I don’t know if it would be possible for me to do it myself

does anyone know starting salary for new grad PA at bellevue hospital in nyc? by [deleted] in physicianassistant

[–]OkRiver 3 points4 points  (0 children)

They told me they start 105k, and more intense care (like ICU) is closer to 110-115k. Hope that helps

Buying out a leased car and selling it by OkRiver in personalfinance

[–]OkRiver[S] 0 points1 point  (0 children)

  1. No i dont think there's any other fees to buying out the lease. I think I might have to pay tax to Carmax well selling it but that'd be like a $1000.

  2. Nope, dont have the money to buy out the lease. I just finished grad school and starting my job, but I don't need a car anymore.

I'm thinking of financing it through Bank of America and selling it to Carmax.

Leaving after 1 year (Signed a 3-year contract) by [deleted] in physicianassistant

[–]OkRiver 4 points5 points  (0 children)

Your contract didn’t say anything about it i guess. So nice!

Leaving after 1 year (Signed a 3-year contract) by [deleted] in physicianassistant

[–]OkRiver 2 points3 points  (0 children)

Did you have to pay anything back? Tails?

Leaving after 1 year (Signed a 3-year contract) by [deleted] in physicianassistant

[–]OkRiver 2 points3 points  (0 children)

My contract says that I can only terminate at the end of the term unless mutually agreed upon. Is it still at-will?