2nd house on H1B?
Anyone here purchased their 2nd house on H1B? Spouse and I are both on H1B and are planning to stay here for a few years (barring any visa issues). Do you think it’s wise for us to buy a 2nd house? Even if one of us loses our job/visa, the other would still likely have the job and be able to stay long enough to not forcefully have to sell immediately. Assume enough emergency savings to pay both mortgages and break-even rental income from the first house. Wanted to know the risks we may be missing/not considering! #investments #realestate
When did you buy your first one? If you are comfortable with owning property and can handle it then why not? Real state will help you diversify money as being in tech otherwise saving is mostly in Stocks
A couple of years ago. The house price has not appreciated much, but it’s more than what we paid plus cost to sell so we have equity. We want to move into a bigger house
Sure, why not..