Homeowners & Renters...payments?
the one and only
Joined: Dec 2000
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From: Govenator Territory
lets just say i've purchased a couple of properties. i go to school fulltime. i dont make a lot of money. the key is to find roommates *hint hint* 
airon: i have some rooms available if you know anybody
airon: i have some rooms available if you know anybody
hood rich
Joined: Mar 2012
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From: los josengeles
Originally Posted by rich
bastard!
i just saw the sig too :rofl: :fawk:
i just saw the sig too :rofl: :fawk:
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In Loving Memory
R.I.P. Huan Vo aka woong
01.14.1979 - 11.19.2008
In Loving Memory
R.I.P. Huan Vo aka woong
01.14.1979 - 11.19.2008
Senior Member
Joined: Jun 2002
Posts: 2,033
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From: GA
Originally Posted by BonzoAPD
and $900 is enough to last you the rest of the month on food, car expenses and whatever else you need during a month or are you feeling pretty strapped at the end of the month?
Senior Member
Joined: May 2003
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Well in order to get approved on a lease/mortgage you would have to clear 3 times what the monthly payment would be....I think. I know that's how it is for a rental agreement.
a lot of it has to do with compensating factors........such as credit/checkings and savings accounts/401ks/other assets/mortgage or rent history/job history
Originally Posted by puffy
you are looking atleast 2/3 of your paycheck going to mortgage, about half if renting
Uhh no...........I pay about 2/3 on my mortgage that I did on my apartment
lets just say i've purchased a couple of properties. i go to school fulltime. i dont make a lot of money. the key is to find roommates *hint hint
I spend about $100 a week on food. Cars are both paid for. Still doesn't leave hardly anything. I bought the house because my GF and I were living in an apartment. So the first 3.5 years we were living in it together, and spliting all the bills 50/50. I had a lot of money to play with then. Now, I can make it on my own, but it's not that easy. I have to watch what I spend $ on now. Thank god a friend of mine is renting a room from me starting on friday at $400 a month, and we are splitting utilities. That'll definitely help.
Owning a house is a billion times better than renting and there is no way to cut it. All of you renters should go out and buy homes!
509/month mortgage, 1100/month in rent...........4-10,000/month take home
nelson rules
Joined: Sep 2001
Posts: 36,124
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From: the best coast
Originally Posted by Josh M
Owning a house is a billion times better than renting and there is no way to cut it. All of you renters should go out and buy homes!
509/month mortgage, 1100/month in rent...........4-10,000/month take home
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pukimonster
Joined: Jun 2002
Posts: 9,967
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From: Milwaukee, WI
Originally Posted by Josh M
Owning a house is a billion times better than renting and there is no way to cut it. All of you renters should go out and buy homes!
509/month mortgage, 1100/month in rent...........4-10,000/month take home
meh, I'm spending less on rent than I would be on property tax. that, and I'm saving up for a huge down payment.