>got job
>saved up money
>mortgaged a house
>got fired the day i closed
What do? How do I pay the place off?
Got job
Use your emergency fund till you find a job, if not sell and get rekt on fees.
Optioin 2 is roommates till you get back on your feet jobwise.
If possible rent house, move in with parents
>find another job
or
>kneepads
Sometimes contracts can have rescindency clauses in them. This is why you always read contracts. Yours may have one and you may be able to pull out. Good luck.
ask for deferment of payment, explain the situation. get a job fast (whatever, flip burgers or some shit), get roommates. what you need is cashflow, fast.
godspeed user.
Collect unemployment & find another job. Why do autists pretend they need help with problems that have easy solutions on this board?
>be retarded
>actually believe a house is a good investment
>go broke
Thats what you get for being a stupid wagie.
this. you actually can make a lot of money off this investment op. get renters asap and cuck them
'Rona
>>flip burgers
You gambled and leveraged your job to get a home you couldn't afford, thinking you'd keep your job and that the house would appreciate. You lost. This is just part of trading on the jewish housing market.
I guess I do own a chainsaw and a van, but how do I get customers?
The place was a steal (hoarder house with a shit ton of land attached for real cheap) and like hell I'm gonna give it up, but it is in bumfuck redneckistan with no jobs within an hour, which is how I like it except for lack of money.
>buying a house to invest and not to live in and raise a family in
whocouldbebehindthispost.jpg
That's just what you get from participating in their usury scheme user. You lost your money to the jews. There's really nothing more to do at this point. You thought you were smart and now you have nothing. The game is rigged from the start.
SPY Calls
just know that the last 15+ years of economic structuring was shaped to trap people like you in your age bracket into believing that everything is okay and if you work and save for a house you're gonna make it
you're the fish
you've been groomed to gather all your resources into a funnel that when released, siphons directly into the coffers of the very people who designed the trap
all while the very money you've been squirreling away gets debased in the attempt to maintain the musical chairs which is your financial life. it's too bad you're deaf to it all
when you've made your way out of the darkness, you'll find the only thing you have is worth less than what you started with before it all happened
> that pic
Stop using utterly debunked shit
>Most developers are jews.
>Most realators are jews
>most mortgage brokers and lawyers are jews
>oye vey goyim, dont you want to buy an overpriced box my cousin just built for 30 sheckles on the dollar using the 30 year loan my uncle got you at 4% apr? Think of the 2.5 kids and a dog you always wanted
>get financially raped for 30 years, ending up paying 3x the original purchase price in fees in interest instead of growing your income or starting your own business
>"Buying a home is based"
Idiots and their money... ngmi
Big fertile acreage with a cabin a redneck built with his own hands =/= jew cracker box
So you’re saying renting is any better? What has happened to this board and why is it full of commie wannabeNEETS now
The rare 1% of real estate in america run by americans for americans =/= my example based on 99% of american real estate markets that most americans face.
Renting isn't better, the housing market is a fucking scam but it's like school, you almost have to fucking deal with it because owning a home is a pipe dream for a lot of people.
The median household income is way lower than the price of a home for a family, as opposed to the 50s when only 1 parent working could pay off a home and a car within a reasonable time frame.
Housing is so fucking overpriced it's ridiculous, but the scariest part is it's more fucked outside the US. China, parts of Europe, and Australia are arguably more fucked.
>Renting: finding the best home for the cheapest price offered by landlords with generally much lower purchase and maintenace costs than a single person
Landlords generate around 6% profit on their rentals and usually charge at a lagging rate to market prices. Taxes are lagging to property value, repairs and maintenance are not your problem no matter what the price. Only a fraction of capital required as security to protect landlord from you fucking up the place and forcing landlord cuck to evict you and repair at great expense.
>Buying: paying full retail plus fees then paying retail insurance, maintenance, repairs and 3-4% interest on the property value plus taxes plus a full 20% down-payment upfront totally tens or hundreds of thousands of dollars that are locked until you sell the property.
So for 20% of the value of the property, plus interest, taxes, headaches and risk of total loss, you save literally the 6% profit or less generated by renting.
Buying is literally retarded, and renting is literally one of the greatest capitalist concepts, where owners, forced to pay their shitty mortgages, must find a tenant to potentially cover it. Market efficiency.
You didn’t factor appreciation in your equation for owning a home. If you think a house will sell for under the cost to build, you’re a silly fucking goose you know that? Also appreciation is tax free after 2 yrs of occupancy. Are you just buttmad you lost out on fat gains over the last 5 years? What’s your net worth bro
Obviously don’t buy a house in a dying market like the gang filled cesspools of Illinois, so stop typing that, thanks. My brother bought a house in SLC for $300k in 2015 and it’s worth $500k now. Silly. Fucking. commie. Goose.
renting>buying? Or is buying a big piece of land and then literally living in a van on that plot of land the most based thing to do?
Appreciation is literally the rate of inflation unless you get extra lucky or buy in a very shitty area that gets improved.
Appreciation isnt tax free after 2 years, wtf are you talking about.
And the 20% you put down can literally make you 10%+ on average just passively investing in stocks, let alone starting a business or other investing. Houses can and do lose value all the time: 1930s, 1960s, 1970s, 1990s, 2000, 2008, today. Practically any recession has caused temporary or complete housing losses. Detroit prices in 1940 vs after factories moved out for example. We call that external obsolescence. Cant do shit about it when blacks move in an ruin a once thriving market.
Ive spent 10 years as an analyst and acquisitions professional in real estate assets. The retail buyer is literally our bag holder after we come in and value add via conversion or development. We buy wholesale, use other people's money because none of us would risk our own capital, and we leverage out the ass as well. We make solid but low profits for rich people who want an inflation hedge that isnt stock. We laugh at home buyers and collect around 30-40% unleavered returns on just slapping a couple walls up, adding some tile, etc and getting retarded boomer-brained wage cucks to pay top dollar.
Lol. I make more money than you just on my passive amazon business. This is the last 12 months operating for a business i spent less than $1k on. My other businesses are similar if not better, and the carry i have from the real estate deals i did in 2011 from my old job are literally still profitable to this day. Even for pros like me, we stopped buying properties a few years ago. Overpriced garbage.
>he bought
>good, fire heem
drop shipping?
Lol no. Dropshipping is shit.
You make 20-30% on your money with dropshipping. What I do makes about $5 on every $1 spent.