LogFAQs > #943739429

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Topic	Lmao they paying $3500 for a 1 bdr apt in NYC...
Tired-Insomniac 08/23/20 8:07:32 PM #11:	lincoln002 posted... Banks be like "how can you prove you can pay us a $1000 mortgage" "well I pay my landlord $2000/month" "why can't you save up 30k to show us you can pay $1000/month mortgage" "because I pay my landlord $2000/month?" We have a really stupid system. Just gotta find a bank that'll do 100% financing, buy a cheaper home in good condition in a decent area and live in it for about five years so you can have some nice equity, sell it, then use that money to buy the house you really want. --- "I like turtles" <cite>Tired-Insomniac posted [p:943739429] in Lmao they ... [t:78929968]...</cite> <quote>lincoln002 posted... </cite> <quote>Banks be like "how can you prove you can pay us a $1000 mortgage" "well I pay my landlord $2000/month" "why can't you save up 30k to show us you can pay $1000/month mortgage" "because I pay my landlord $2000/month?" We have a really stupid system.</quote> Just gotta find a bank that'll do 100% financing, buy a cheaper home in good condition in a decent area and live in it for about five years so you can have some nice equity, sell it, then use that money to buy the house you really want. --- "I like turtles"</quote> ... Copied to Clipboard!
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