Car payment = $800/month, Child care = $1000/month, Rent = $2000/month.

[Lord_nikon]

No kids, one car, 130k saved, & 2300 /month rent.

Bout to cop my first home in 2023 I’m 37.

Just put a offer in on a home last week , seem like these motherfukkers are still bidding on home, all resently sold homes seems to be traced back to corporate investors in my area...

I think I may be outa luck most of these sellers are selling out to investors and shyt




I got my down payment, closing ,earnest money and loan ready,,,,

 

[TEH]

If you’re a breh with no kids or a mortgage who works remote. Your best bet is to live out the country for a couple of months and just save some money. You can find apts for 600 a month in the carribean/south america.

In dangerous areas

Not worth it

Plus USA Cost of living >>>>>>

 

[Uitomy]

Just put a offer in on a home last week , seem like these motherfukkers are still bidding on home, all resently sold homes seems to be traced back to corporate investors in my area...

I think I may be outa luck most of these sellers are selling out to investors and shyt




I got my down payment, closing ,earnest money and loan ready,,,,

Just keep waiting, it’s all you can do but realistically, these past 2 years has showed us what instant buying really gets most people in the re market

 

[J.E.T.S]

Just put a offer in on a home last week , seem like these motherfukkers are still bidding on home, all resently sold homes seems to be traced back to corporate investors in my area...

I think I may be outa luck most of these sellers are selling out to investors and shyt




I got my down payment, closing ,earnest money and loan ready,,,,

Same. I’m going through it right now.

 

[Originalman]

Just keep waiting, it’s all you can do but realistically, these past 2 years has showed us what instant buying really gets most people in the re market

Yep folks got they asses tore out the frame from buying them overpriced houses last year.

I am seeing here in Dallas some of these new built homes going for 60k to 80K less than they were this past summer. Man you know them folks that bought them houses last year are hot as fish grease when someone moves in next to them and have paid 80K less than them for the same home...

 

[Spence]

Childcare is 2700 per month
Mortgage $2700 per month
Car payment is $700 per month (Tesla Model S)

Luckily in 3 years childcare bill gets virtually erased by default for public school. Tesla eventually will be paid off

We also collect rent from our first house from our tenants of $1700 so the major bills aren’t so terrible.

 

[Spence]

Yep folks got they asses tore out the frame from buying them overpriced houses last year.

I am seeing here in Dallas some of these new built homes going for 60k to 80K less than they were this past summer. Man you know them folks that bought them houses last year are hot as fish grease when someone moves in next to them and have paid 80K less than them for the same home...

That’s what happened with our first house during the 09 crash, we got in at $75k (foreclosure) when the other houses bought new 3 years earlier for $150-225k
They couldn’t believe our mortgage was $500

House right now is worth about $220k according to offers we got before renting it out

We only have about $20k left to pay on it so we plan on paying it off fully and taking all that rent money to do bigger things for our own house.

 

[Sad Bunny]

Mortgage - $2000

No kids

No car (yet….but I’ll cop one before the summer but I’ll try to wait until end of year. WFH gang )

 

[Sad Bunny]

Yep folks got they asses tore out the frame from buying them overpriced houses last year.

I am seeing here in Dallas some of these new built homes going for 60k to 80K less than they were this past summer. Man you know them folks that bought them houses last year are hot as fish grease when someone moves in next to them and have paid 80K less than them for the same home...

Yeah but the interest rates were much lower last year so it kinda balances out.

 

[Originalman]

That’s what happened with our first house during the 09 crash, we got in at $75k (foreclosure) when the other houses bought new 3 years earlier for $150-225k
They couldn’t believe our mortgage was $500

House right now is worth about $220k according to offers we got before renting it out

We only have about $20k left to pay on it so we plan on paying it off fully and taking all that rent money to do bigger things for our own house.

Breh in 2009 and 2010, I bought like 3 properties after the crash. Houses were going for dirt cheap. I remember one of the homes I bought. a brotha next to my property was moving out. I asked him what is up and he like man I can't afford the payments they 2K a month and my house getting foreclosed on. Man dude house was 350K and the foreclosed house I bought next to him was 35K.

Man I ran to the bank to try and buy that dude house, once I heard it was foreclosed. Got damn bank was holding out and sold it to a private investor......

 

[Trojan 24]

Yep folks got they asses tore out the frame from buying them overpriced houses last year.

I am seeing here in Dallas some of these new built homes going for 60k to 80K less than they were this past summer. Man you know them folks that bought them houses last year are hot as fish grease when someone moves in next to them and have paid 80K less than them for the same home...

If they rate is low enough they're okay as long as they didn't plan on selling in the next 5 years. Otherwise yeah they got screwed

 

[50CentStan]

Breh in 2009 and 2010, I bought like 3 properties after the crash. Houses were going for dirt cheap. I remember one of the homes I bought. a brotha next to my property was moving out. I asked him what is up and he like man I can't afford the payments they 2K a month and my house getting foreclosed on. Man dude house was 350K and the foreclosed house I bought next to him was 35K.

Man I ran to the bank to try and buy that dude house, once I heard it was foreclosed. Got damn bank was holding out and sold it to a private investor......

What city? I feel like in hot areas it dont really be going down like that for the most part. Like you might get a deal on a foreclosure but not 35k on a 300k home.

 

[Spence]

Breh in 2009 and 2010, I bought like 3 properties after the crash. Houses were going for dirt cheap. I remember one of the homes I bought. a brotha next to my property was moving out. I asked him what is up and he like man I can't afford the payments they 2K a month and my house getting foreclosed on. Man dude house was 350K and the foreclosed house I bought next to him was 35K.

Man I ran to the bank to try and buy that dude house, once I heard it was foreclosed. Got damn bank was holding out and sold it to a private investor......

The fkd up part is there’s investors keeping people in the house and converting them from owners to tenants. I would rather live on the fkn street then live in my house paying rent

 

[Wildhundreds]

Yep folks got they asses tore out the frame from buying them overpriced houses last year.

I am seeing here in Dallas some of these new built homes going for 60k to 80K less than they were this past summer. Man you know them folks that bought them houses last year are hot as fish grease when someone moves in next to them and have paid 80K less than them for the same home...

People don't listen. They were told the market would correct itself like it has in the past.

 

[Buckeye Fever]

I live in Decatur, Illinois, and I'm married to a woman who also works