The Picard Maneuver@piefed.world to Mildly Infuriating@lemmy.worldEnglish · 5 months agoCharging to tour rental properties...imagemessage-square172linkfedilinkarrow-up11.08Karrow-down17 cross-posted to: FuckThis
arrow-up11.08Karrow-down1imageCharging to tour rental properties...The Picard Maneuver@piefed.world to Mildly Infuriating@lemmy.worldEnglish · 5 months agomessage-square172linkfedilink cross-posted to: FuckThis
minus-squareKraven_the_Hunter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up13·5 months ago 4 people with 5k each can get almost 20% down on a 350k propery Do you think that 20% of $350k is about $20,000? I feel like I’m missing something important here .
minus-squarecabb@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·5 months agoMaybe first-time home buyer programs? But those are like 3% typically so it wouldn’t get you there and that’s before including closing costs, moving costs, and possible repairs.
minus-squareBronzebeard@lemmy.ziplinkfedilinkEnglisharrow-up2·5 months agoExcept they explicitly said “nearly 20%”. Which is blatantly false. Terrible at basic math. And this is why people will remain poor
Do you think that 20% of $350k is about $20,000? I feel like I’m missing something important here .
Maybe first-time home buyer programs? But those are like 3% typically so it wouldn’t get you there and that’s before including closing costs, moving costs, and possible repairs.
Except they explicitly said “nearly 20%”. Which is blatantly false. Terrible at basic math. And this is why people will remain poor