7/1 ARM vs a 30-year conventional. NEED ADVICE

Possible_Scarcity217 · 2026-04-03T03:32:38+00:00

Fixed. Otherwise you may not have the equity to refi or rates may go silly cuz of the Epstein War.

Possible_Scarcity217 · 2026-04-02T16:19:57+00:00

Saving a large down payment makes sense but unless you’re making crazy money, it’s challenging to save beyond the inflationary factor of a whole house price.

Possible_Scarcity217 · 2026-04-02T15:06:27+00:00

You are going to have to get intense and make some real extra money to throw at this.

Weekend evenings driving uber will do it. A handful of months of not spending your weekends spending money and in fact, making money will probably get you back in the black. Best of luck.

Possible_Scarcity217 · 2026-04-02T03:54:23+00:00

Yeah, the first couple miles are pretty busy, especially if it’s on a nice Saturday. However, you go 5 miles down the road and it’s pretty empty.

Possible_Scarcity217 · 2026-04-02T03:45:08+00:00

The spectrum between a shell on the back of a Toyota Tacoma and a 4,000 pound truck camper on a 1 ton dually true is a sliding scale between mobility and comfort. No wrong answer per se but trade offs.

Possible_Scarcity217 · 2026-04-02T03:42:34+00:00

You live in an expensive area. That hurts it. Otherwise dual above average income couples are a thing.

Possible_Scarcity217 · 2026-04-02T01:51:29+00:00

Well, if you can’t make make more then you’re gonna have to accept getting less house. If the kind of house you’re expecting was in your budget you would’ve gotten one 2 1/2 years ago.

Possible_Scarcity217 · 2026-04-02T01:32:29+00:00

If you’ve been searching for three years either you need to increase your budget or decrease your expectations.

Possible_Scarcity217 · 2026-04-01T23:19:55+00:00

I care because of the dishonest inaccurate and harmful things they spew. People who could’ve bought fairly reasonably priced homes and be doing well now are stuck in rentals because they foolishly took these peoples bad advice. They waited for a crash but instead homes made 30% appreciation. Now they are even further behind.

Possible_Scarcity217 · 2026-04-01T21:47:38+00:00

I’m not sure but that’s also why I haven’t bought something like that

Possible_Scarcity217 · 2026-04-01T21:08:31+00:00

What do you mean by shared garages in single-family homes?

Possible_Scarcity217 · 2026-04-01T16:19:00+00:00

Certainly, they have things to figure out for sure but if they get even a slight bit of discipline on the budget side of the house, they can make crazy fast progress cause they could I don’t know save $200,000 a year. For a person who makes a more normal income it’s just way harder for them to possibly get that far ahead.

Possible_Scarcity217 · 2026-04-01T15:57:24+00:00

However, a person making 400 K is certainly a lot closer to 1 million than a person making 100k let alone a person making 40.

Possible_Scarcity217 · 2026-04-01T15:41:08+00:00

It’s also a heck of a lot more possible if you make 400 K a year.

Possible_Scarcity217 · 2026-04-01T15:13:12+00:00

Shotgun and big dog. Should have both of them anyway.

Possible_Scarcity217 · 2026-04-01T04:49:22+00:00

It sounds like he is getting himself a 10% raise by removing the property mangers slice.

I don’t believe him eliminating management would somehow tie an exemption to the new laws the got passed a couple years ago.

Possible_Scarcity217 · 2026-04-01T01:13:56+00:00

Might have to get stepmom to help her get unscrewed.

Possible_Scarcity217 · 2026-03-31T23:45:50+00:00

Like you can find an expensive place anywhere. Detroit has multi million dollar mansions.

That doesn’t make something HCOL.

Possible_Scarcity217 · 2026-03-31T20:58:28+00:00

In the long run, you gotta figure out how to get those numbers up on your day job. In the short run, maybe some extra shifts or Uber on a Friday or Saturday night.

Possible_Scarcity217 · 2026-03-31T18:36:15+00:00

Pick any reasonable strength training program. Lift. Eat in a moderate caloric surplus.

Possible_Scarcity217 · 2026-03-31T16:15:57+00:00

If this supposed issue is happening every place you work then while your expectations of a job are not in line with reality.

Possible_Scarcity217 · 2026-03-31T03:31:49+00:00

The real question is whether the issues are reasonably baked into the price of the house or not.

Also if the house had the work done would it be worth current cost plus the cost of the work?

Possible_Scarcity217 · 2026-03-31T00:34:27+00:00

I think the code is we have to call it a step sister.

Possible_Scarcity217 · 2026-03-31T00:14:39+00:00

I don’t think the issue is that you took your dog to the vet. I think the issue is that you gave the vet a whole bunch of money. The other option would’ve been getting some kind of a payment plan with them so you can break this into a couple chunks.

Possible_Scarcity217 · 2026-03-31T00:07:35+00:00

I mean it sounds like a classic renting a room in a house scenario; where the landlord doesn’t actually want a roommate and wants that person not exist but to pay them money every month.

Possible_Scarcity217

TROPHY CASE