The Picard Maneuver@piefed.world to Mildly Infuriating@lemmy.worldEnglish · 2 days agoCharging to tour rental properties...media.piefed.worldimagemessage-square179fedilinkarrow-up11.05Karrow-down16
arrow-up11.05Karrow-down1imageCharging to tour rental properties...media.piefed.worldThe Picard Maneuver@piefed.world to Mildly Infuriating@lemmy.worldEnglish · 2 days agomessage-square179fedilink
minus-squareKraven_the_Hunter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up13·2 days 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-up2·2 days 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-up2·1 day 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