Home owners - how did you purchase your property?

Left the ski industry and went back to software engineering, went back to the front range, bought with my now husband (dual income is a huge advantage), and had a family member cosign.

Home ownership is rad, highly recommend it. That said I have some friends who can't be bothered with it, so to each their own.

There is a real estate bubble right now which will burst soon. Wait a few years and homes will be much cheaper.

skiP.E.I.There is a real estate bubble right now which will burst soon. Wait a few years and homes will be much cheaper.

I think you might be the only person saying this lol. Shit will level off rates will go up but there’s not much evidence of a bubble

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Suck shit bot

BiffbarfSuck shit bot

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Lmao they have advanced so far in bot tech.

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CatdickBojanglesLmao they have advanced so far in bot tech.

Oh shit oh fuck, it's become self aware

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That's exactly what self aware a.i. would say

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Turing test?

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Lmaoooo simmer down slumdog millionaire

For my first house we decided we wanted to buy in about 5 years, so we took the price of the house we wanted plus 20% appreciation and figured out how much we would likely need to buy it when we got back from Europe. Then I literally just divided that number by 60 and saved/invested every month.

I bought my first house with a VA loan because while searching I also found a great investment property I could fix up, so I used a VA loan and put 10% down on my house and 25% down on the investment property.

VA loans are a shitty deal however, unless you are a disabled vet and can waive the funding fee or don't mind paying a 3% fee for the privilege of being 100% leveraged. The funding fee is a huge chunk of money that just goes down the drain because you decided not to save. Everyone loves VA loans because they are easy, but it puts you into a situation where you have financed 100% of your home, put a ton of money into the closing anyway, all to get a rate normal banks can compete with anyway.

The last house I moved into I put 5% down on a conventional loan so that I could invest into a bottomed out Covid-stock-market, but I had more than 20% ready again. I always forecast years out when I'll need the money, then save it. I just moved to Utah in January for my job, and I'm already saving for a house in case I move again in 2024.

I like to keep my houses as rentals when I move out because I typically buy something good that needs work, then I fix it up nice and make it a rental when I leave. Lots of work, lots of money and time to do this, but if you are willing to do the hard work it pays off.

I'm just buying a couple of shipping containers and throwing some pillows in there dropping them in the woods on one of my buddies places for a couple years

shoutout to everyone saving for a downpayment and dealing with the hills of life

If you didnt FOMO in on the house you’ll be congratulating yourself. The last few years people have finally realized that money loses value so stocks, crypto, cars, real estate… all got overbought. Stocks and crypto have already had their moment of reckoning, next up cars and then real estate will come crashing down

Damn, never thought about it like this. hope you're right

LippamaniI'm just buying a couple of shipping containers and throwing some pillows in there dropping them in the woods on one of my buddies places for a couple years