Greentext

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This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

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If you find yourself getting angry (or god forbid, agreeing) with something Anon has said, you might be doing it wrong.

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Early_To_Risa@sh.itjust.works

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Anon lives with their parents (sh.itjust.works)

submitted 6 months ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] Zibitee@lemmy.world 27 points 6 months ago (2 children)

I actually have an engineering friend who did this and he did it in 2 years. Dude had no life, but he put a full down payment on a 750k house in two years. So I guess technical jobs just pay well enough

[–] Turd_Ferg@sh.itjust.works 27 points 6 months ago* (last edited 6 months ago) (2 children)

Thats a down payment, anon bought that shit straight cash. You figure the average down payment is 20% so.. 150K+ for your friend, thats no chump change either. Does he stay out late at night, maybe looks frazzled all the time?

[–] DragonTypeWyvern@literature.cafe 9 points 6 months ago

There are decent rural homes you can get for 200-300k within range of civilization in more places than you think

There's also still 100k-200k properties in cities if you don't mind anything left on your porch being stolen

[–] Takumidesh@lemmy.world 1 points 6 months ago

An FHA loan is only 3 percent, about $25,000

[–] OldWoodFrame@lemm.ee 10 points 6 months ago* (last edited 6 months ago)

Well and the OP says he paid for the house in cash, vs just the down-payment, which could be as low as $37.5k for a $750k house. That's a lot of money but across 2 years that's $1600/mo, basically exactly what you'd expect to save on rent. Could also be significantly higher obviously too, if they went for 20% or something.