Troy Ave Imitating Cassanova On IG

Kal-El

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Im i the only one who still aint get the snitching part?

Aint Tax kill his mans :why:
 

Easy-E

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That caption real though.
Show me a state where that's legal.

Air bnb is technically illegal

People are buying homes in neighborhoods they can't afford and renting them out

That flip is cool until you get behind after people aren't renting

People are getting go for even making YouTube channel out their house if they don't have the proper licenses and what not

I understand the aim, but, it can still get you hot
 

re'up

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I mean good financial advice is fine, but Troy knows his money is going to run out, he dealing with a diminished rap career, plus a prison sentence, while Cas is just getting started now. That said, sound financial advice is sound financial advice.

That said, I mean that only in general terms. LOL @ being a rap start and renting out your basement.
 

vino

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exactly let someone else pay the mortgage for you. Also, 2500 a moth covers mortgage (depending on your fico but smart people don’t buy houses with bad credit scores) at a 300k loan w/ (3% to 20% down) and you have money left for taxes and home insurance.
 

NoChillJones

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Renting your house out for $2500 just to finance a car for $2000 a month is ass backwards too though lol

That leftover $500 a month probably wouldn’t even cover your property taxes in New York


Yeah that made absolutely no fukking sense.....
 

vino

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Yeah that made absolutely no fukking sense.....

Alright, he has 300k in cash and he gets a mortgage on a 300k home but only puts down 3% to 20% down then that leaves him w/ at minimum 240k (didn’t take in to consider closing cost) leftover. Now, with putting 20% down then your loan amount is obviously 240k and you have a renter paying 2500 that will cover your monthly payment on a mortgage and a car you are financing (depending on what his fico and interest rate is at). He would probably be around 1400 a month for that mortgage (that’s only P&I). Plus, the you still have 240k working for you in some capacity while living you home for free.
 

NoChillJones

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Alright, he has 300k in cash and he gets a mortgage on a 300k home but only puts down 3% to 20% down then that leaves him w/ at minimum 240k (didn’t take in to consider closing cost) leftover. Now, with putting 20% down then your loan amount is obviously 240k and you have a renter paying 2500 that will cover your monthly payment on a mortgage and a car you are financing (depending on what his fico and interest rate is at). He would probably be around 1400 a month for that mortgage (that’s only P&I). Plus, the you still have 240k working for you in some capacity while living you home for free.

nikka.....:comeon:....he endorsed buying a 300k home and living in the basement all to rent it at 2500 a month.

In which he can then lease a overpriced car and still pocket 500 as solid financial advice

Wtf...why not buy the same property 275..put 25k to it in repairs and the turn around and flip it for 400k

Or buy a 200k home....rent it out...with 100k left....and go buy any car you want while letting the house rent money supplentment your own rental home....


His advice to not do dumb shyt..came out like dumb shyt just done differently...
 

Frida Giezman

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nikka.....:comeon:....he endorsed buying a 300k home and living in the basement all to rent it at 2500 a month.

In which he can then lease a overpriced car and still pocket 500 as solid financial advice

Wtf...why not buy the same property 275..put 25k to it in repairs and the turn around and flip it for 400k

Or buy a 200k home....rent it out...with 100k left....and go buy any car you want while letting the house rent money supplentment your own rental home....


His advice to not do dumb shyt..came out like dumb shyt just done differently...

Lol facts
 

vino

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nikka.....:comeon:....he endorsed buying a 300k home and living in the basement all to rent it at 2500 a month.

In which he can then lease a overpriced car and still pocket 500 as solid financial advice

Wtf...why not buy the same property 275..put 25k to it in repairs and the turn around and flip it for 400k

Or buy a 200k home....rent it out...with 100k left....and go buy any car you want while letting the house rent money supplentment your own rental home....


His advice to not do dumb shyt..came out like dumb shyt just done differently...
I’m in the finance industry and what you are is bad investment. why tie up the majority of your 300k in a home. That’s bad business and a lot of people who pay cash for a home typically do a delayed financing to get the money back for a flip in something else.


Also, depending on location 300k is completely updated home.
 

NoChillJones

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I’m in the finance industry and what you are is bad investment. why tie up the majority of your 300k in a home. That’s bad business and a lot of people who pay cash for a home typically do a delayed financing to get the money back for a flip in something else.


Also, depending on location 300k is completely updated home.

Stop breaking down ignorance attempting make it make sense...Im not knocking the field you're in either breh...but he made a redundant ass statement...and you trying to drop knowledge on why it would make sense to blow 300k all to get a basement room and a leased car out the deal
 
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