So im getting ready to put a downpayment for my first house

ahomeplateslugger

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Surreal feeling brehs and brehettes :whew:

Never wrote a check for this large amount before but damn if it ain't a great way to start the summer

Cookout every weekend :lawd:

Hoes gone be flocking:win:

congrats. how long did the whole process take from start to finish? were you able to talk the price down? info breh
 

Dolla$

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You got pictures? I like seeing pics of new home buys.

I'll update the thread with pics in about a month. Construction for the house is almost done. Being built from the ground up.

congrats. how long did the whole process take from start to finish? were you able to talk the price down? info breh

Thanks, um I started the process in January/February it was fairly quick. And i did not have to talk the price down, im getting a 2600 square ft two family for about $210,000. Thats a good ideal imo

Better be at least 20% :ufdup:

Nope :jawalrus:
 

Groanman

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THREE-OH-FIVE TILL I DIE
My ex wife insisted that the first song we played in our new house was

.



I said to myself,

nate-dogg.jpg
 

Dolla$

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My ex wife insisted that the first song we played in our new house was

.



I said to myself,

nate-dogg.jpg

Glad i aint got to deal with that.

No wife, no girlfriend, no nothing :ahh:

shyts gone be a bachelor pad of epic proportions.

First order of business is to get a stripper pole put in the stripper room or master bedroom:obama:
 

sayyestothis

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Baltimore, MD "The Greatest City In America"
that's :duck:

you can get a home for as little as 3.5% down.

to be honest, most folks don't have 20% cash to put down on a house.


^^^less then 20 tho and your getting KILLED by Private Mortgage insurance or PMI which is not tax deductible and is there forever on your loan until you can refinance out and have enough equity...

OP - I congratulate you but I do hope you did your homework and worked with a TRUSTED lender and settlement company.
 

beenz

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^^^less then 20 tho and your getting KILLED by Private Mortgage insurance or PMI which is not tax deductible and is there forever on your loan until you can refinance out and have enough equity...

OP - I congratulate you but I do hope you did your homework and worked with a TRUSTED lender and settlement company.

PMI isn't even that much. you're looking at like $600 a year ($50 a month). I'd rather pay that than put in another $30K cash out my savings.

and you can easily refinance out of the PMI as long as your loan to value ratio is looking proper.

I'm just saying, I'd rather build the equity by the house appreciating than use my savings for it.
 
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