/biz/ - Business & Finance

>6.5%

You actually bought a condo for 700k

Good luck with your bags

>condo aka stagnant appreciation
>hoa fees
you are a half step above rentoid

>>53961964
No he bought it for 350k

>>53961957
>>53961964
cope and seethe, rentoids

This HAS to be bait.

>>53961938
7.5/10. Good bait, guaranteed replies.

>>53961938
Lmao wait until those surprise assessments come for the new roof that no one paid to maintain. Lol guess you’ll have to foreclose and leave sorry goy. Also you’re behind on hoa payments.

>bought a condo
why the fuck would you do that

>>53961938
>350k
>6.5%
>$8000 down
You intent to live in debt slavery for the rest of your life?

>>53961938
actual landlord reporting in
that's great and all OP, but before we can celebrate: post payment.

>>53962082
including HOA fee I'm paying about $3000 a month. it's a lot sure, but it's worth it to no longer be a filthy rentoid

>>53961938
>6.5% interest
>$8,000 down payment

>>53961985
nobody tell him

>>53962102
wait... $3000... per month?
how much could you reasonably rent it out for

bump for dabbin on rentoids

I have the money to buy a condo or townhouse outright but I've noticed they basically never appreciate in price so I'm going to stay a rentoid for a while longer

>>53961938
Fuck iff we are full. Fucking new money debt faggot

>>53962706
Townhouses aren't so bad since you at least own the land the house inhabits. Condos are definitely not worth it just due to the fact that the property managers can demand money from you at any point for muh building renovations.

>>53961977
HOA fees hahaha he is still very much a renter he will never own that home I have foreseen it. Condo association cucking. I mow my own yard and own my home outright. This thread is fucking pathetic.

>inb4 but but you still have to pay oriperty taxes.

That’s cope. I own land I will pass on to my children. Your cuckshed with leaf raking fees is a fucking joke. Clown. Clown ass bitch lol.

>condo
Maybe OP actually considered it and is indirectly asking for advice by making this thread
but more likely than not he it's just LARP/bait.

>>53961938
To make ownership worth it interest + mortgage payments need to be well below what you’d pay in rent if you were just to rent it out.

>>53961938
This has to be bait.
You couldve gotten a modest house for 350k. Or do you live in some massively overpriced shithole like california?
Why the fuck would you ever dish out that much for a condo? Why would you even get a condo?

>>53962233
Many Condos have rules where you can’t rent the unit out

>>53962822
>>53962821
>>53962795
cope and seethe, rentoids

>>53963125
true but not mine

>>53962757
HOA fees are unironically a nigger repellent

imagine buying property without land
you should have bought a boat

>>53961938
Congrats on buying at the worst time

>>53963195
copin' rentoid spotted
/flex
rent's due, bitch

>>53963186
Condo ownership technically includes a parcel of the land it's built on as well as the structure.
>>53961938
Based retard. I buyed a condo too in a VHCOL area for about that much but only at 3% interest. If I were to start renting it out, I'd cover the whole cost. wagmi
That $3000 monthly payment sounds soul crushing tho fr fr no cap.

>>53961938
>he thinks rent is more expensive than mortgage, property tax, water bill, HOA, garbage bill, and home insurance combined.

Here's the thing. You said a 'OpenBetAI is a meme token.' Is it in the same family? Yes. No one's arguing that. As someone who is a gambling addict and who studies shitcoins, I am telling you, specifically, in science, no one calls OpenBetAI a meme token. If you want to be 'specific' like you said, then you shouldn't either. They're not the same thing. If you're saying 'meme token family' you're referring to the taxonomic grouping of erc20 cryptocurrencies with an animal logo, which includes things like shiba inu and ApeTown. So your reasoning for calling a OpenBetAI a meme token is because random people 'call small mcap shitcoins meme tokens?' Let's get doge and shiba inu in there, then, too. Also, calling someone a human or an ape? It's not one or the other, that's not how taxonomy works. They're both. OpenBetAI is a OpenBetAI and a member of the shit token family. But that's not what you said. You said OpenBetAI is a meme token, which is not true unless you're okay with calling all members of the meme family meme tokens, which means you'd call monero, icp, and other coins memetokens too, too. Which you said you don't. It's okay to just admit you're wrong, you know?

>>53962822
I appreciate walkable communities. I don't want to have to drive 10 minutes just to buy groceries. The lack of walkable communities is what's destroyed this country.

>>53961938
I bought a 600k freestanding house for 380k with 220k down with 4.5% interest. Still not great but at least I no longer live amongst foreigners.

Good lord, imagine paying $550/m on hoa fees.

>>53961938
>condo
you're still paying rent. they're called condo fees. kek.

congratulations, you now have all of the cons of renting and owning with none of the benefits.

So you bought a condo with an FHA loan as the housing market is starting to crash. Topkek.

>>53962233
>350k condo
>3k / month
>laughs in shekelstein

>>53961964
by the time he finishes paying that $700k will be like $350k so he bought a condo for $350k

>>53961938
> mortgage
> owner
Anon I...

>>53961964
This. I have 500k and I can get 1% a month in dividends. I pay my rent with the money I make from the dividends and reinvest what's left to snowball it without the risk of owning a home. The pipe froze I call my landlord, the gutters are bad I call the landlord, the shitter is clogged I call the landlord. Top jej

>>53961938
>i bought an apartment from the jews
hhhahahaahahha

>>53963219
lmao you're still renting for 30 years cuck

>>53961938
>Bragging about 6.5%

Thank you biz I am moralized

>>53965759
rentoid cope