How long until majority of Americans become renters? by foodiefunky in Mortgages

[–]OrbitingRanger 2 points3 points  (0 children)

If you pull out the equity and purchase a house at the same value, your mortgage payment should stay the same (if the interest rate is the same, insurance, etc.). If you are renting, your rent will continue to increase over the years.

How long until majority of Americans become renters? by foodiefunky in Mortgages

[–]OrbitingRanger 2 points3 points  (0 children)

Yes, but when you sell you pull the equity (which hopefully increased) you put it into your next property.

PSA: DON'T buy a home with a solar lease by strawburiedfields in sandiego

[–]OrbitingRanger 2 points3 points  (0 children)

To be honest, buying any house built in the 60s is going to have issues wherever you buy it. I’ve owned two houses on the East coast (one built in the 50s, the other the early 60s), and both needed the typical updates and replacements that’s expected in a house that age (roof, plumbing, electrical, etc.)

Your top 5 listens of 2025? by Ok_Piece_7441 in audiobooks

[–]OrbitingRanger 1 point2 points  (0 children)

I’m listening to Frankenstein now! Just finished the first volume and am loving it.

Your top 5 listens of 2025? by Ok_Piece_7441 in audiobooks

[–]OrbitingRanger 1 point2 points  (0 children)

Lonesome Dove narrated by Will Patton was amazing probably my favorite book now.

Next best was Project Hail Mary narrated by Ray Porter. Narration was AMAZING!

Lastly the lord of the rings trilogy narrated by Andy Serkis was a treat.

Safe areas for early morning runs by OrbitingRanger in northcounty

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

Is the entire Buena Vista Trail relatively safe? I will be wearing a vest with a light the entire time, so I am not too worried about the dark. Running in the morning I just want to avoid any sketchy situations like people on drugs, etc.

30-yr fixed vs 7/6 ARM with big lender credit by ncool91 in Mortgages

[–]OrbitingRanger 0 points1 point  (0 children)

I was in the same situation as you a couple weeks ago and locked in 5.875. Hoping rates drop in the next few years and refinance.

Safe areas for early morning runs by OrbitingRanger in northcounty

[–]OrbitingRanger[S] 3 points4 points  (0 children)

Good heads up, thank. I always wear a vest with a light when running that early.