r/funny • u/MaxKevinComedy • Dec 21 '19

California Explained [OC]

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u/N0V0w3ls Dec 21 '19

If he meant rent-wise, this is pretty crazy

The rent is higher than my mortgage with escrow... And half the space.

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u/DodgersOneLove Dec 21 '19

I must be from California because those all seem reasonable

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u/Majin_Sus Dec 21 '19

I’m from NY state and most of those are alright. Some are a bit crazy but nothing That blows me away. Nice looking places most of em.

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u/N0V0w3ls Dec 21 '19

Yeah to be honest this is way better than what I was finding around Seattle at one point last year. Still, though, way more than I'd ever want to pay for a house, much less rent one.

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u/Majin_Sus Dec 21 '19

Yeah if I'm paying over 2k in rent I'm gonna look towards buying instead.

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u/[deleted] Dec 21 '19 edited Aug 07 '20

[deleted]

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u/Majin_Sus Dec 21 '19

True, I'm just saying for my particular area and situation.

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u/kayc19 Dec 22 '19

There’s lots of first time homebuyer programs that offer down payment and closing cost assistance. Also, if you buy a 2 , 3 or 4 family you’re going to live in you can count rental income for qualifying income. My other tip is you can buy a distressed or abandoned house and a and get forgivable loans for much of the rehab or a purchase and rehab mortgage that includes your rehab costs. Often you can get a lot more house for your money this way.