Question for any real adults out there
1
Lughost
the Lugoat
For the homeowners, how long did you save up to buy your home? I'm doing a project and I'm supposed to make it realistic.
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asking here because of high traffic
edit
asking here because of high traffic
1
animefreak_usa
Child of Samael
Well for me I cashed in some accounts and sold some shit, but I had to borrow 20,000$ from my dad to buy the land from a foreclosure. 80 thousand for 20 acres with a house and three trailers. Plus I got a loan for the remaining balance plus what I need for the remodeling. 100 thousand total at 500 a month.
Sweet thing is I lease the other trailer on the other side to a guy who was renting it for this equipment and office so he help remodel the house and did the hard shit and plumbing for a sweet deal of renting to own that part of the property.
After junking and scrapping the metal from the old wiring, pipes and the chicken coop roofing I made a few grand for the special shit like marble tiles and whirlpool bath.
If it wasn't a rush to find suitable housing I would've had waited until I had 150 thousands saved but I had to jump on this deal before it got taken and lost my chance of a good rate. I still need to do more shit like replace the porch and the termites starting to chew inside. Need a real landscaper.
Sweet thing is I lease the other trailer on the other side to a guy who was renting it for this equipment and office so he help remodel the house and did the hard shit and plumbing for a sweet deal of renting to own that part of the property.
After junking and scrapping the metal from the old wiring, pipes and the chicken coop roofing I made a few grand for the special shit like marble tiles and whirlpool bath.
If it wasn't a rush to find suitable housing I would've had waited until I had 150 thousands saved but I had to jump on this deal before it got taken and lost my chance of a good rate. I still need to do more shit like replace the porch and the termites starting to chew inside. Need a real landscaper.
-1
Do you mean how long the process took from the moment you spotted the home on sale, to the moment it finally became yours after everything was finalized?
If not....
Then back to ur original question..... It depends on a lot of things
Like how much did you already have in the bank, when did you first decided to start saving up the cash to purchase a home, the price of the homes your intrested in, your annual income, the state you live at, etc.
Theyre some online calculators for people intrested into getting a home that may help you.
Ex... At an upper-middle class income. It took 2 years to save up the money to purchase a home for 550k in the state of NY.
If not....
Then back to ur original question..... It depends on a lot of things
Like how much did you already have in the bank, when did you first decided to start saving up the cash to purchase a home, the price of the homes your intrested in, your annual income, the state you live at, etc.
Theyre some online calculators for people intrested into getting a home that may help you.
Ex... At an upper-middle class income. It took 2 years to save up the money to purchase a home for 550k in the state of NY.
0
Lughost
the Lugoat
FuckThisAndFuckYou wrote...
"editasking here because of high traffic"
JEEEEEEEEEEESUS CHRIIIIIIIIIST
and cause fuck the rest of the forum