/biz/ - Business & Finance

>>565363

me again, Okay I am interested. But i have to ask, are you white? email is tightwhitehottwat@gmail.com (throwaway account faggots)

lets do this shit, meet up somewhere tonight to hammer out the details?

>>552314

It may have sounded like that but i didn't intend to put all my liquidity into it, obviously i will have my six months emergency and continue investing in mutual funds like I've been doing. Partially my thinking is that I really do want to get out of my parents house, mostly because it's a boring suburb and I have to commute and hour to work everyday, and rather than renting I think owning would be feasible. So basically I'm just looking for a better deal than renting, if not the best way to maximize wealth building. And if everything, from insurance, property taxes, mortgage etc is like 600/month that's easily doable. Also I really doubt we'll see 12-20 percent returns over the next couple of years, and If I'm renting a room, while I know it won't count toward income, that'll basically make my mortgage free allowing me to build equity and put money into my scottrade account.
>>552324

>No one will consider you. After 2008 the standards went way up. Get a credit card on monday and try for a mortgage in 5 years when you have established credit.

that's what i was afraid of, I guess I'll have to see if it's true. I hope the standards haven't gone way up, I see some crazy nig nogs that should not be homeowners being homeowners.


>Do you have what it takes to be a landlord?

Well my sister is in college and my parents are pretty enamored by the idea of her living with me, and even if not, she pretty much guarantees a stream of responsible young christian students that probably wouldn't fuck things up too badly for at least a few years.