From the great advice this board has given im finally working on buying a house im actually going to do a renovation loan. Ive been pre-approved for 350k i am a single man with a teenage son i dont intend on paying that much for a house. I currently pay 700 for rent conventional wisdom say's pay 25% of your take home pay which for me is 1500. How did you decide the price range to buy a home in? Thank you for your input and insight.
