Mortgagecucks - answer me this

[sf813]

I rent but purposely live on month-to-month flexibility terms which means I can leave my place with one month notice at any time. I also have large emergency savings that'll last me years so I give zero fuks about my job and whether I lose it or not so I feel a lot of freedom. I have zero fear about going jobless as I have no mortgage payments hanging over my head and not stuck with it.

You have a 30 year mortgage that you're stuck with and I bet you sweat bullets every day to keep performing at your job and stay wagecucking

[RICHSTRONG]

Dam..you got me. Almost like i can't sell my house and move if i want. (and make a schit ton over what i paid)



btw...
























Rents due.....

[sf813]

Dam..you got me. Almost like i can't sell my house and move if i want. (and make a schit ton over what i paid)



btw...
























Rents due.....

That depends on the market conditions
Many months of listing, trying to find buyers, going through the selling process, and other dependencies while you sweat bullets because you won't be able to make the mortgage payments hanging over your head.

Your HOA and property tax payments are due....

[Ryan1021]

Mortgage bros, we got too cocky.

[Issobolic28]

I rent but purposely live on month-to-month flexibility terms which means I can leave my place with one month notice at any time. I also have large emergency savings that'll last me years so I give zero fuks about my job and whether I lose it or not so I feel a lot of freedom. I have zero fear about going jobless as I have no mortgage payments hanging over my head and not stuck with it.

You have a 30 year mortgage that you're stuck with and I bet you sweat bullets every day to keep performing at your job and stay wagecucking

You said you had a question.

What is it?

[Cleveland33]

That depends on the market conditions
Many months of listing, trying to find buyers, going through the selling process, and other dependencies while you sweat bullets because you won't be able to make the mortgage payments hanging over your head.

Your HOA and property tax payments are due....

you know how easy it is to find a cash buyer for a house right now? the entire process can be done in less than a week

[Redfish225]

2.9% locked right before the market went to chit.

How bout you op?

[Retoaded]

I rent but purposely live on month-to-month flexibility terms which means I can leave my place with one month notice at any time. I also have large emergency savings that'll last me years so I give zero fuks about my job and whether I lose it or not so I feel a lot of freedom. I have zero fear about going jobless as I have no mortgage payments hanging over my head and not stuck with it.

You have a 30 year mortgage that you're stuck with and I bet you sweat bullets every day to keep performing at your job and stay wagecucking

On my personal house I bought it in 2010 out of foreclosure for around 40 cents on the dollar of what its worth today. I could sell it and pockets hundreds of thousands of dollars. But I like it, and I am paying a mortgage on 2010 dollars lol. At 2.89%. Thats nice.

On my rental home, I bought it in 2004 and its almost paid off, and I up the rent on it every year but I'm paying a mortgage on 2004 dollars lol. Thats nice. I rent it for more than double what I pay the bank on the mortgage. I would use that extra money to pay it off faster, but then I don't get the joocy tax deductions. I could sell that one for over a hundred grand too.

Between the two houses its nice basically having 300 to 400 grand in the bank. If I lost my job and was in danger of bankruptcy I could short sell them both and still make 200 grand probably.

Just trying to answer your questions.




























Rents due.

[sf813]

Still waiting for you to prove a point....

I live on month-to-month flexible terms and combined with large savings = no stress, no worry about job, no sweating bullets to continue wagecucking to make mortgage payments hanging over my head, etc

[BrahMike]

Do you feel better about throwing money in the garbage every month now?


Multiple houses in my neighborhood are currently renting for $2550+......my mortgage is $1100
Mortgage is currently paid 4 years ahead
If I or my wife lose our job, the other can afford everything by themselves
Years of mortgage/bills in savings/invested

We were approved for $670k, we bought a house for $220k in 2020....currently worth $277k and the neighborhood is only getting more expensive.

When you mature some, you'll realize that a mortgage is an asset. Even if we decide to move, we ain't selling this house.

[PlanoLifter]

My mortgage payment is about 50% of what I'd pay for rent in the same area and my house has quadrupled in value since I bought it. Makes no sense to rent. I'd pay off my mortgage but my investments are, over the years, earning a chit load more than my mortgage at 2%. I mortgaged my house even though I could have paid in full to allow me to earn even more on other investments

[Issobolic28]

I live on month-to-month flexible terms and combined with large savings = no stress, no worry about job, no sweating bullets to continue wagecucking to make mortgage payments hanging over my head, etc

You still have to pay your rent.

Still waiting for your point

[BrahMike]

I live on month-to-month flexible terms and combined with large savings = no stress, no worry about job, no sweating bullets to continue wagecucking to make mortgage payments hanging over my head, etc

Congrats at achieving financial freedom.....that proves nothing in the sense of Rent vs Mortgage.

You still have to pay to live somewhere no matter what.......you're just proving you're an idiot for flushing money down the drain instead of taking "all that money you have" and putting it into a piece of real estate. Go ahead and put 70% down on a house if you have so much money.....pay it off in 5 years and never have to worry about where you're going to live again.

What happens when demand spikes, your current landlord tells you to kick rocks and you cant find a place to live, not because you don't have money but because there are no places available? Guess what.....as long as I keep making my mortgage payments, nobody is coming to tell me I have to leave.

[Chowboy]

OP can't distinguish between a house and home.


Must be a gypsy.

[Huss!]

I promise you I could rent out all my houses faster than you can find a new place to rent.

Oh and by the way I would cashflow on renting out the house by $1.5k/month

West coat HCOL city and I average just 2 weeks to find and place a tenant. Always more than 50 apps.

Nothing to brag about being on a month to month lease. Hope you enjoy moving at a moments notice. Odd you like to have a landlord being able to control your life.

Ouch

[LinuxJon]

Answer:

My mortgage is $2300. In 30 years, it'll still be $2300. In 31 years, it'll be gone.

If your rent is $2300, in 30 years it'll be $10k. lol

[OffwhiteBrah]

lmao these cucks always start making these threads as it approaches the end of the month, the coping is strong

[sf813]

You still have to pay your rent.

Still waiting for your point

Congrats at achieving financial freedom.....that proves nothing in the sense of Rent vs Mortgage.

You still have to pay to live somewhere no matter what.......you're just proving you're an idiot for flushing money down the drain instead of taking "all that money you have" and putting it into a piece of real estate. Go ahead and put 70% down on a house if you have so much money.....pay it off in 5 years and never have to worry about where you're going to live again.

I actually own a place too but I don't live in it. I have it rented out which seems to be the best of both worlds.

I really like the flexibility of month to month and not sweating bullets to try to keep a job.

I'd buy another place but I wouldn't live in it either and will continue renting as my primary residence.

[KINGFABIAN]

Hmmm what about us homeowner cells that own a nice house with a pool and already paid off their mortgage??? By the way my other rental home has a mortgage payment due. Let me check if rent cuck deposited lol.

[sf813]

Hmmm what about us homeowner cells that own a nice house with a pool and already paid off their mortgage??? By the way my other rental home has a mortgage payment due. Let me check if rent cuck deposited lol.

You're still cucked by monthly HOA, property insurance, and property tax

[Issobolic28]

I actually own a place too but I don't live in it. I have it rented out which seems to be the best of both worlds.

I really like the flexibility of month to month and not sweating bullets to try to keep a job.

I'd buy another place but I wouldn't live in it either and will continue renting as my primary residence.

Let me guess...if you lose your job, you can easily move out and move back in with mommy and daddy.

Now it begins to make sense.

[N0stradamus]

Rents due.....

Rent is optional in Biden's America.....

[KINGFABIAN]

You're still cucked by monthly HOA and property tax

There is no HOA in my community and you will pay property taxes till the day you die regardless. Just lol at paying someone else’s mortgage. I thank you rent cucks. 1-2 of your monthly payments easily takes care of that for the entire year.

[Cleveland33]

You're still cucked by monthly HOA, property insurance, and property tax

do you know how little that is?

[RICHSTRONG]

You're still cucked by monthly HOA, property insurance, and property tax

You do understand not all houses are HOA? lmao Ain't no HOA where i live....

[Pajeetmane]

I'm with OP, if i get fired i can survive for like a year or more, rent is dirt cheap and I can move whenever i want

life is good

lol @ mortgagecels (srs)

[Paul Kreul]

You're still cucked by monthly HOA, property insurance, and property tax

HOA for my house is 25 a month and my property tax is locked. I own my home valued at 860k..outright..and own another house (cabin) in a ski resort town that I rent out and make 3k a month...I live in CA, my last house went for 100k over asking..all cash..who's the cuck here.




hint....








it's you

[Savux]

I rent but purposely live on month-to-month flexibility terms which means I can leave my place with one month notice at any time. I also have large emergency savings that'll last me years so I give zero fuks about my job and whether I lose it or not so I feel a lot of freedom. I have zero fear about going jobless as I have no mortgage payments hanging over my head and not stuck with it.

You have a 30 year mortgage that you're stuck with and I bet you sweat bullets every day to keep performing at your job and stay wagecucking

I can leave too, the difference is I can leave by selling anytime and taking an 80% return on my investment for living in the nice place I live.

You leave with negative $ you spent to live in decrepit run down rental apartment.

[sf813]

You do understand not all houses are HOA? lmao Ain't no HOA where i live....

I know not all places have HOA but many still have them

Even if you own outright, most mortgagecucks still have to pay these items like property insurance, property tax, HOA, repairing home if damaged, etc.

[Cleveland33]

I know not all places have HOA but many still have them

Even if you own outright, most mortgagecucks still have to pay these items like property insurance, property tax, HOA, repairing home if damaged, etc.

yeah and it's a fraction of your rent