Say it again
How can the average American afford a down payment on house?
- Thread starter Standing on business
- Start date
Been tellin cats to buy in the hood and invest but they scared to cool where it aint safe
Buy cheap raise value
LA prices
Pass that down to ur seed. Idc if a cac offers u a million dollars and 10 Brazilian prostitutes that make homemade ice cream from scratch for ur spot.
JoseLuisGotcha
Aka Allhiphopsux
1) if you can't save 3% of what the home is worth then you can't afford the home....lots of things can go wrong such as roof, the mechanics of the home, maintenance etc.
2) There's a thing called a starter home.....if $250 is your goal buy $100-150 range and work your way up
3) no one is above having more than 1 job if you really want you'll get.....everyone wants nice things but not everyone WANTS NICE THINGS there's a difference
2) There's a thing called a starter home.....if $250 is your goal buy $100-150 range and work your way up
3) no one is above having more than 1 job if you really want you'll get.....everyone wants nice things but not everyone WANTS NICE THINGS there's a difference
Say it again
The amount of people that became homeless and live off of the grid, is insane when rent prices got outta control. They really do their best to put people out of existence.
But owning your own home.....all I can say is put a massive 100k or above and live with relatives while saving money. Cause soon, America will be 3rd world status.
Field Marshall Bradley
Veteran
Buy in a cheaper area, dual-incomes, and saving.
A lot of people rent, they can’t afford a mortgage
A lot of people rent, they can’t afford a mortgage
1 other person
Superstar
Some dont have the luxury of living at a family members house to save.
Buy in a cheaper area, dual-incomes, and saving.
A lot of people rent, they can’t afford a mortgage
It isn't mortgages, its the taxes that go up each year. For what though? Schools at all levels churning out robo children, potholes so big they look like Optimus Prime played double dutch on the highway, and trash bins looking like a Hoarder's episode...
Back to the main point, taxes and unexpected and expensive repairs can sink new house owners quite easily. Black Mold, Termites, surprise tax liens, septic dredging, poor insulation....and many more surprises new home owners may not expect
Payed wit cash.27,000.finishing up the dry wall now.shyt ain't no thang.its all about who u kno
That is how all these other cultural groups do it, little Yuan Li can live at home until he is 35 and save his bread. American families want their children out at all costs by 21/22. It is the collective effort vs the individualstic philosophy
saturn7
Politics is an EXCHANGE!!!
Most people can't. Alot of people get $$$ from their parents/inheritance, but won't admit it.
For my friends, most of them borrowed money or were given money by family and there is nothing wrong with that. For me I don't have enough down payment to buy a house in Brooklyn or Queens unless I buy in the hood. I could buy a house in Long island but I don't want to live there. Realistically i could afford a million dollar mortgage over 30 years at the best rate but it's the goddamn down payment.
in a major metro area.