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Anon on credit scores
(sh.itjust.works)
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this post was submitted on 23 Oct 2023
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What the fuck kind of wankjob is upvoting this boomer-tier "Just don't buy Starbucks" horseshit?
"Just pay cash for everything on your $25k a year! You can totally buy a house if you save for the next two decades!"
Fuck off.
I make less than $25k/yr, lol - I learned to fix my own beater cars. Bought a 3/2 during the 2008 crash for $30k because it was almost gonna be condemned, and was a by-owner sale - I only needed like 8k down, and then worked on fixing it up myself. It was barely livable when I bought it.
And your dumb ass thinks that buying a house right now is possible on less than $100k a year. Yeah, you're a fucking moron.
I will reiterate my fuck off.
I did the same kind of thing he did, bought a meth lab in 2011 for 50k owner carry contract, evicted the meth heads (that was fun) then gutted it and spent a few years sleeping on the floor, working full time for $16 an hour at day and fixing up the place at night. Had an electrician and plumber friend come show me how to do stuff and help me out for pretty cheap. Sold it in 2020 for 175k when I got married and used that and the new wife’s credit score to get our family house where it’s safe to have kids
A lot of luck and a lot of work. It’s not easy and there was a lot of luck involved for sure.
It’s cool that you were able to improve your situation with a lot of luck, hard work and sacrifice but a basic middle class existence shouldn’t require a lot of luck.
100% no argument at all. I feel very lucky that I was able to do it, and very sad that that’s what it takes….
You can too - just need to be willing to live in a shithole for a while.
My guy, the shitholes where I live sell for $100k minimum, and come with several hundred a month in lot rent, because they're trailers. A shitty condo is $200k or more, plus, again, a few hundred a month in association fees. I could move somewhere with a lower cost of living but I'd easily take a 50% paycut, so I'd be in the same situation. It's not about not being willing to live in crappy places, it's about even the crappy places being well outside of what nearly everyone can afford without a mortgage.
You really should take advantage of any first time homebuyers programs you have in your state, and talk to a real estate agent to keep a look out for you. Deals pop up all the time, and the reason you're not seeing them is you don't have access to the multiple listing network (MLS), while a real estate agent does. All you see on the market is "what's left", after shit gets snagged up. You have no idea what's available out there.
Yeah, I'll get right on that.
You can lead a horse to water, but you certainly cannot make it drink.
My point is that you can't just buy a house without credit these days. There are no homes at cash prices, at least not the kind of cash most of us have or could get in any reasonable amount of time. JuSt BuY a UsEd PhOnE (and also wait for a massive recession)! So easy!
You can.
First time home buyers programs. I've seen people left and right with no credit whatsoever manage to get a house through these assistance programs.
So all people need to do is wait 15+ years until a depression-level market crash. Got it.
And then live in squalor while you do home repairs yourself what all that free time you have.
I think you mean 1 year. Lol
Well it's been 15 years since 2008...
I give it 4, if that. I've already been though 3 "once in a lifetime" depressions.