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/biz/ - Business & Finance

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49572071 No.49572071 [Reply] [Original]

>ex-gf wants to kick me out
>don't want to rent apartment for $2k
>prefer to buy property
>have 150k cash money
>real estate market is insane
>recession talks even on fake news media

my plan is to put minimum down 3% and walk away if lose my job. bad plan? suggestions?

>> No.49572123

filtered

>> No.49572129

Put 150k into a 200-250k property that you can live in, your monthly payment will be something like $500-700. You'll be able to save shitloads and your interest payment won't even be that high with such a small loan.

>> No.49572167

>>49572071
>150k in cash
With 135k of the buying power it did last year. Nice job.
Could always find another GF and move in with her. Or get roommates.

>> No.49572346
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49572346

>>49572123
what is wrong with real estate questions?

>>49572129
good idea, but 200k for CA is not much. what if a major repair is needed?

>>49572167
i know i fucked up majorly. even listened to ex-gf's advice not buy property in 2020. pic is my feels.

>> No.49572387

>>49572071
put down minimum, stablecoin staking to pay costs until the bear market is over

>> No.49572394

>>49572346
There's like eviction bans still in effect, aren't there? Just stay regardless of what she wants.

>> No.49572972

>>49572394
probably, thanks. is the real estate market for buyers supposed to be better towards the end of the year? or just speculation?

>> No.49574177

bump.

>> No.49574641

>>49572071
Buy cheap property to park an RV on. Housing market is about to crash hard. Live in trailer until bottom and buy something nice with what you saved. Or pay 2k in rent for a few months. Your call.

>> No.49574665

>>49574641
This

>> No.49574695

>>49574641
this, markets fucked, buy a couple acres in the sticks and an RV or a camper. land holds value, houses are fucked

>> No.49574752

why is the assumption the crash is supposed to happen by EOY?

>> No.49574793

>>49572071
with that cash buy land and get a 20% down construction loan

>> No.49574900

>>49574752
heckin ghoul of kiev was a psyop and basically that one sun bitch in vatnik HQ is making 3rd worldies hit the hunger parade like never before. add in some good old ching chong lockdowns and supply chains are as wobbly as a noodle. lardmaxxers currently accumulating cc debt at unprecedented very very fasts. chairman powell said inflation big deal so bobo time has come, the age of brrrrrrrr is over. interest rates hiking up like no tomorrow because demand destruction is where its at, homeowners btfod. mo houses fo dem programs. not even nigger rock will be able to keep soaking up houses. wefs rent till you die of a bug od dreams are coming. prepare.