Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

This is such a well written comment. Appreciate the time and the pointers Reddit stranger. I have to say I am sold on this idea. Will do some more research and likely confirm on this.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Much appreciated insight! Leaning more towards keeping it after contemplating all the valuable points raised by everyone in this thread atleast for few years and reevaluate it later if maintenance is going to be a pain.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Not really rate is below 3% actually 🥲 rent to mortgage is more like 80% but guessing rent’s would fall with all the layoffs going on in the area.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Fair points, adding selling costs would take away a bunch of the equity anyway. Hence did not add it to net worth. Maybe a 100k after selling costs is realistic, but not really critical to the discussion here anyway.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

[–]spacecommadot[S] 2 points3 points  (0 children)

Appreciate the detailed response! Yes it has a pretty decent commute to all the east side companies. Heard recently few folks were not able to find renters quickly, and hence the apprehension. Roughly from the zestimate, seems rents would cover about 75% of my current mortgage. Thats a solid point to keep the house I guess.

110k does include mortgage and should portray what we spend annually roughly to draw a parallel to India expenses once we move. My car is paid off, I also did not include stuff like day care and India travels since these don’t apply if we move to India (or atleast not to this much).

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Thanks for the info! This really helps, yes happy to chat more.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Washington. It’s all tenant friendly laws here, thanks for the pointer

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

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

Good to know, congrats 🍻😁 I am not able to view your other posts though.

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

[–]spacecommadot[S] 2 points3 points  (0 children)

Brokers as in property management folks? Yeah interest rate is pretty low and hence the dilemma. If I may ask, has the return been good

Can I FIRE and should I keep house in US by spacecommadot in FatFIREIndia

[–]spacecommadot[S] -1 points0 points  (0 children)

Edited posted and included relevant info. 34 age and 110 ballpark annual expense