• MystikIncarnate@lemmy.ca
    link
    fedilink
    English
    arrow-up
    13
    ·
    2 days ago

    The year I turned 40, was the year I moved into my first non-rental property.

    I’m living proof that shit is fucked up

      • MystikIncarnate@lemmy.ca
        link
        fedilink
        English
        arrow-up
        1
        ·
        23 hours ago

        Welcome to the club.

        What percentage of your income now goes to your mortgage payment? For me, it’s like 110%… But I have help, so my share is only like 35%

        • TastyWheat@lemmy.world
          link
          fedilink
          arrow-up
          2
          ·
          19 hours ago

          It’ll actually work out better for me since I currently live by myself and pay all the rent and utilities, and I’m buying with my partner so I’ll finally be able to share the load 😀

      • MystikIncarnate@lemmy.ca
        link
        fedilink
        English
        arrow-up
        2
        ·
        23 hours ago

        Welcome to the club. Were you able to afford the fixer upper on your own, or did you need to split the financial burden with another person?

        • potoooooooo ☑️@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          13 hours ago

          I found a rare rent-to-own locally. So it’s in my name and otherwise the same as buying, except the original owner is the bank. As long as I stay 2-3 years, I come out ahead if viewed as a rental. If I make it 20 (or can get ahead/clever in various ways), I own it outright/maybe make a little bit.