I’m so glad I’m not a renter anymore. It’s rough out here.

[beenz]

Down payment can be as low as 3%.

Closing costs can be rolled into the mortgage.

nikkas get tax refunds every year.

even if ur credit is bad, u can get a first time homeowner FHA loan thru the govt. of course u will be paying PMI if ur putting down less than 20%.

 

[Primetime21]

Based off what? Rent is literally paying the mortgage on said house/condo/apt.
Save a down payment and buy something cheaper than the what you are currently buying for your landlord
BOA just started a program to give mortgages with no down payment to POC, no excuses

In 5 cities, just wanted to add that part.

 

[UberEatsDriver]

Bridgeport and Stamford are part of the nyc metro. Do they have a metro of their own? Never knew this

 

[UberEatsDriver]

I’m surprised Jersey City didn’t make it on that list

It wouldn’t be on the list. NYC would be on the list for Jersey city.

 

[UberEatsDriver]

If you are paying $3600 for rent you can afford a house cut the crap.

Most people paying over $3,000 for rent have high bills cause of entitlement issues. My friend who splits her 2800 a month rent with her boyfriend has bills that over 5K a month.

She wants a house below 600K but I told her you are lying to yourself you can afford more just change your habits

 

[UberEatsDriver]

even if ur credit is bad, u can get a first time homeowner FHA loan thru the govt. of course u will be paying PMI if ur putting down less than 20%.

FHA also has a limit. So you have to make sure the house you are approved for is below that limit. Here in nyc the limit is high above 1 million I think so that’s ok.

 

[UberEatsDriver]

And they aren’t taking into account a lot of people renting are splitting the rent with roommates.

These 2 bedroom apartments for 3K got 2-3 people living in them. Folks far removed from the renter life don’t understand the current climate. A lot of people renting ain’t living alone.

Renting with roommates is actually the best method to saving money to buy a home.

 

[bnew]

If you are paying $3600 for rent you can afford a house cut the crap.

Most people paying over $3,000 for rent have high bills cause of entitlement issues. My friend who splits her 2800 a month rent with her boyfriend has bills that over 5K a month.

She wants a house below 600K but I told her you are lying to yourself you can afford more just change your habits

sometimes it's not even about being able to afford the mortgage, some folks can't even get a loan even when they have a history of paying high-rent..

 

[Uitomy]

Based off what? Rent is literally paying the mortgage on said house/condo/apt.
Save a down payment and buy something cheaper than the what you are currently buying for your landlord
BOA just started a program to give mortgages with no down payment to POC, no excuses

You say no excuses like this shyt wasn’t a part of the design of this country. Just accept it, the average person is too broke to afford a house. You can act like that’s an “excuse” all you want but people in this country can barely afford their rent, car matinence, food, etc. it’s economists all over the board saying we’re on the verge of a Great Depression, people are going to die

 

[desjardins]

You say no excuses like this shyt wasn’t a part of the design of this country. Just accept it, the average person is too broke to afford a house. You can act like that’s an “excuse” all you want but people in this country can barely afford their rent, car matinence, food, etc. it’s economists all over the board saying we’re on the verge of a Great Depression, people are going to die

where you live?

 

[Who Not How]

Renting with roommates is actually the best method to saving money to buy a home.

Yep. Been the best way for years in most expensive major cities. But some folks try to clown if you don’t live alone.

 

[Uitomy]

I’m still not comprehending how the world hasn’t collapsed

It’ takes months and years longer than it used to cause governments can fukk with all kinds of stats and systems electronically, the breaking point just started 2 years ago, it’s going to get worse

 

[UberEatsDriver]

sometimes it's not even about being able to afford the mortgage, some folks can't even get a loan when even when they have a history of paying high-rent..

The girl I’m talking could cut her bills to 4K and save 1K a month. She is clearly blind lol

 

[Uptown WaYo87]

Me n wifey paying 3k for a 2 bed/2 bath with a balcony. Building also has a nice gym/lounge with a pool table/rooftop seating, also a parking spot inside the building

It's nice but we want a house now

 

[Sad Bunny]

And they aren’t taking into account a lot of people renting are splitting the rent with roommates.

These 2 bedroom apartments for 3K got 2-3 people living in them. Folks far removed from the renter life don’t understand the current climate. A lot of people renting ain’t living alone.

I’m basing it off my friends and family.

Single fathers with kids. Single mothers with kids. And also couples who split rent.

Sometimes I browse to see where I’d I live if I needed a place to rent. Philly is so overpriced and I ain’t living in the slums.