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Old 10-10-2005, 03:37 AM   #8 (permalink)
Poppinjay
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Location: DC/Coastal VA
Sounds like fun, Shoe. Rent is supposed to run about 25% of your salary if you also have a car loan, 30% if you do not. It sounds like you're well in the ratio.

Rodney's idea of a $5k backup is very good, for one reason that comes to mind... rental situations with roommates are always fluid. Your friend may move out, transfer, get all knuckleheaded about agirl and move in with her. Or worse, move her in with you guys. Just be prepared to pay the total rent for at least a few months, which, you should be able to do on your income.
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