Buy house brand new in 2013 for 207k. 2018 assestment value is 246k.
Got to move out of shitty 1970s apartment where rent was $1100, move into a large brand new house with a big yard for my dog.
No annoying noises from sharing a wall/floor/ceiling with apartment neighbors.
No random apartment inspections.
5 years of mortgage payments, I am now 1/6 of the way done towards fully owning my house.
/biz wants to convince you that this is somehow a scam.
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Faggot.
If you put 20% down, youll end up paying 450k total when you include interest.
Meanwhile, circa 2021 ur shithouse will be worth like 150k.
Cant wait until the adjustable rate also kicks in and ur payments go up to 1500.
See u in the streets kid.
Lol, he said hes got 5 yr mortgage
> random apartment inspections
that is completely unacceptable
> annoying noises
fuck neighbors and fuck people, we are not meant to live like bees
207k
> I am not paying that, I would rather be dead
this
read what he wrote again and you will see that you are wrong
Homeowner here too.
Bought a 1930s fixer upper for $90k.
Fixing it up as i live in it and i also rent out one of the bedrooms which pays half of the mortgage/property tax paymt.
Trulia values my house at $140k now and that doesn't even include all the work i put into it.
Planning on buying another fixer upper and selling the current house for profit.
Rinseand repeat.
bedroom? you mean like the whole basement? i do see very few listing for bedrooms on 2nd floor for few hundred bucks. most basements are 1.5k fixed 80% of the time in canada/gta. so probs about 1.1-1.2k usd per month. condition of the basement or the size varies, but 80% of the time, its 10-20% off of 1.5k cad.
i cant say this without knowing "where" you live. after all, its all about.. "Location location location!!! ATTN INVESTORS!!!". also people charge 2 mill still to this date for a "as is" homes here. its a nightmare.
>buy duplex as my first house in 2014, get it for $20K under market value. +$20K equity instantaneously, wagecuck living in the other unit pays my mortgage & taxes for me
>buy more multi family buildings and keep doing the same thing
>could buy an expensive home if I wanted at this point, but im addicted to living for free
Should have taken the house hacking redpill.
>Be me
>Buy house in 2012 for 565k
>Put down 20%
>Live there for 4 years
>Sell house in 2016 for 925k
>Buy bigger house with pool for 1.2
>Put down my profits from old house and more
MFW my mortgage on my 4k square foot house with a yard and pool at 3.25% is lower than rent my idiot friends pay to live in 800 sq ft apartments