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tailingpermit

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Everything posted by tailingpermit

  1. Politicians in general.
  2. All those poor onlyfans girls are going to lose their ad platform.
  3. I saw this on my ticktock fyp and wondered how long it would it would take to hit @VandalPride97’s doorstep.
  4. Tell that to a government that loves Fannie Mae profits.
  5. You do, but it’s up to an underwriter to report it.
  6. Fannie Mae stockholders would be thrilled.
  7. I’m talking about college kids, I needed a guarantor when I lived in Boise. If it was that much of a risk people wouldn’t be doing it.
  8. Most places a home isn’t an investment, my parents sold their place in Chicago and basically broke even after you account for upgrades and maintenance. But it is a hell of a lot better than paying someone else to live in their property.
  9. We almost bought a condo instead of renting, was going to end up renting to college kids being so close to UCF. I’ll gladly keep your entire deposit every time. Renters insurance will limit risk.
  10. In my area there’s plenty of availability in the $300k-400k price point, but that’s the income bracket that is effected by 7% interest rates.
  11. Whats the risk, especially given the income bracket that I will be renting out my home to at $4500 a month? Security deposit, renters insurance, background check and last paystub to qualify.
  12. No idea, had a girlfriend that lived in one and the same woman built and rented out all three. She became a millionaire real quick.
  13. You don’t have to babysit a tenant, we rented a house while our place was gutted and remodeled after Hurricane Ian. Called the landlord once the whole year.
  14. You see those monstrosities they built by Morrison Park, and what they’re charging for rent? I lived in Morrison Park apartments my whole time in Boise.
  15. The problem with those lots being split in three for tiny houses was that the land owners saw dollar signs, split their lot and then built them for rentals. Total scam.
  16. Let’s raise minimum down payment to 50% for investment properties, or get rid of them all together. Make people pay cash. I’m closely watching what is happening in Key West right now, the workforce is being priced out on rentals and will never have the opportunity to purchase.
  17. That’s on you, missed opportunity to achieve your goal.
  18. I enjoy my 3000sf house which I can make larger by opening up all the sliding glass doors into the screened in pool area. By the way, my mortgage payment is $1900 a month.
  19. Good to hear they stopped it, total scam.
  20. I don’t consider 3-5% super low, especially after what we saw during Covid. There’s plenty of affordable housing in and around Chicago, but everyone now has it set in their minds that they have to live within a perfect school district, that costs money.
  21. Rent your house out and downsize, in a few years you’ll be able to refinance.
  22. Government backed loans for investment properties require 20% down, people that can afford that typically aren’t worried about interest rates. Those are the same people that are still buying houses in my neighborhood that are getting closer to the $1 million dollar mark. 3-5% interest rates is where they will settle eventually, again the FED fcked us during Covid. I hope everyone on here either purchased or refinanced.
  23. That’s +++++ing depressing!
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