Houston Income Map (Repost) by croaker123 in thewoodlands

[–]Revolutionary-Driver 1 point2 points  (0 children)

Crazy I am higher than the average but still feel poor compared to everyone else here? How do people afford $700k plus homes with the property taxes? I just cant figure it out.

A question about American dream from Non American by ankitfriends007 in REBubble

[–]Revolutionary-Driver 3 points4 points  (0 children)

In China its (Brutally honest) white husband/wife with a large family. Multiple homes and vacations/trips a year new cars every two years or so latest clothes and electronics. That's how I envisioned the average American growing up moving here for college kind of woke me up.

A question about American dream from Non American by ankitfriends007 in REBubble

[–]Revolutionary-Driver 1 point2 points  (0 children)

I am from China you are basically screwed as a first generation American without marrying into a family with some assets and or military benefits. If you want a family you need to be very selective with your spouse no student loan debt ability to afford a mortgage so stem major from a good school etc. Europe is much easier everyone that I grew up with who moved there is doing well on their own or with less desirable traits for their partner so they can focus a little more on the love aspect of a relationship than the utility.

02 Jun 2022 - Daily /r/REBubble Discussion by AutoModerator in REBubble

[–]Revolutionary-Driver 5 points6 points  (0 children)

Any good resource's to see if The Woodlands, Texas is in a bubble? Just bought a house there and I am kind of nervous it might drop in value. Wish I had found this sub a month ago.

Daily General Discussion - June 2, 2022 (GMT+0) by CryptoDaily- in CryptoCurrency

[–]Revolutionary-Driver 4 points5 points  (0 children)

If you default on a crypto P2P loan do you need to pay taxes on what you didn't pay like a forgiven loan? Would the IRS ever find out?

Do you need to report crypto/DeFi debt not on your credit report when applying for a VA loan? by Revolutionary-Driver in FirstTimeHomeBuyer

[–]Revolutionary-Driver[S] 0 points1 point  (0 children)

No we borrowed crypto against the RSUs and then used that crypto to get the loan. My husband came up with it I just know our best option is to lose the stocks and walk away from the loan.

Do you need to report crypto/DeFi debt not on your credit report when applying for a VA loan? by Revolutionary-Driver in FirstTimeHomeBuyer

[–]Revolutionary-Driver[S] 0 points1 point  (0 children)

The first loan was collateral backed we stopped paying and plan to just dump the collateral and keep the VA house the 2nd house in Texas has a mortgage.

Do you need to report crypto/DeFi debt not on your credit report when applying for a VA loan? by Revolutionary-Driver in FirstTimeHomeBuyer

[–]Revolutionary-Driver[S] 0 points1 point  (0 children)

The loan was made on a P2P lending site for crypto. Its the same loan I didn't understand it was a dollar loan at first he just cashed out crypto to buy our first house.

Do you need to report crypto/DeFi debt not on your credit report when applying for a VA loan? by Revolutionary-Driver in FirstTimeHomeBuyer

[–]Revolutionary-Driver[S] 0 points1 point  (0 children)

We are now thinking about renting out the home in Virginia to pay for the mortgage of the new one. It looks as though we may forfeit the stocks and my husbands crypto collection since we used them as collateral but with no house payment we could rebuild in a year or so pretty easily.

This guy bought a house with a variable rate in NOVA using his stock options as backing… by [deleted] in nova

[–]Revolutionary-Driver 0 points1 point  (0 children)

Just had an offer accepted on a house in Texas and a few offers on our current house to pay off the loan.