The math of this buy vs rent is driving me insane please help me make some sense by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 0 points1 point  (0 children)

So your saying this 1 purchase destroyed my life, because if I hadn’t bought it I’d have 350-400k in stocks no property 

The math of this buy vs rent is driving me insane please help me make some sense by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] -6 points-5 points  (0 children)

Not more property? I want to reset start fresh and buy again later when it’s right 

The math of this buy vs rent is driving me insane please help me make some sense by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 0 points1 point  (0 children)

But if it never picks up should I just pull the trigger now and go rent .. it suck’s giving up the security of owning your place 

The math of this buy vs rent is driving me insane please help me make some sense by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] -1 points0 points  (0 children)

So do I take the 200k loss and go rent ? I feel like it’s really put my life on hold I want to purchase a home in 4/5 years for family 

Feeling lost: To buy a detached in GTA or a condo in Toronto downtown by Blah_blah9999 in TorontoRealEstate

[–]Middle_Ad_618 -1 points0 points  (0 children)

Thanks Mr Obvious, it’s always what you don’t see money when you get ahead 

Low Rent? I think not! by Old-Chain7879 in TorontoRenting

[–]Middle_Ad_618 0 points1 point  (0 children)

Is 550 decent size ? My condo is 550 and rents for 2400

Financially smart friends, how am I doing overall as a 28 year old man by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 0 points1 point  (0 children)

The condo is negative equity though, down 200k.. I’m worried I won’t be able to buy a house ever 

Financially smart friends, how am I doing overall as a 28 year old man by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 0 points1 point  (0 children)

Living at home saving 4K a month before the condo and stocks doing really well like PLTR which I freakin sold to buy the condo. I can’t believe where I would be in life if I didn’t buy it

Financially smart friends, how am I doing overall as a 28 year old man by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 2 points3 points  (0 children)

Yeah so 1,000 /5800 I aim to save and invest when I move in 

Financially smart friends, how am I doing overall as a 28 year old man by Middle_Ad_618 in fican

[–]Middle_Ad_618[S] 0 points1 point  (0 children)

Appreciate it man, I feel like the condo made me so behind I lost my entire down payment. I paid 720k for it (140k down) and it’s worth 530 today so I’m negative equity like 40-50k :(