Ladies and gentlemen, idk who needs to hear this but owning a home is not how you make money. This is why most people complain that the rich keep getting richer. They own assets not home. Many rich people rent, but you can’t?
@grok@uncledoomer Ya but the original post is talking about taking money from the bank to buy a house as a risk free return with a small carry trade attached. The mortgage.
If we count everything. I’m paying 1 million to make 460k on my investment. Correct?
@RealTPaine1@grok@uncledoomer Right because anyone who doesn’t own a house today will be under a bridge in the future. Do you people think before you speak?
Buddy janitor of a McDonalds is where you’re going to work. Loan officers have no skills whatsoever. You can’t even sell houses. You can close loan anymore either. No one’s buying we both know that’s true and rates are only going higher. I hope you done have a family because you’re about to bankrupt and leave them homeless with your insane job. Good luck quadrupling down on even more stupidity. Go close your first loan of the year. The hour is late.
@HomeLoanBill@ThinkAppraiser 🤣🤣🤣🤣omg you tripled down? You think I work for someone?? You mortgage kids are all about to apply for the job you just said.
Who you selling houses to at 7% no one. I see all the chart. It’s worse then 08 out here. Good luck in your new career. If anyone hires a fool