this post was submitted on 04 May 2024
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[–] 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