jon's about to file for divorce

[Cams Purple Lambo]

no he doesn't because you had a low interest FHA loan. why the fuck would you put 2k down on a 200k house and then pay it all off in cash like in 2 years lmao

i initially joked that you are dumb as hell/poor for only putting 2k down on a 200k house because you can easily get underwater on a mtg that way (20% is sufficient cushion), but you got extremely lucky buying real estate at a very low price and having very cheap financing. your home has probably appreciate 25% in value or something

rather than invest the 198k you just lit on fire and get like 10% returns in a total stock market index fund - you dumped it all into a home that is probably at the peak of its value (before an impending stock market or real estate market correction) and now if you want to buy another house interest rates are much higher

[Cag.]

i initially joked that you are dumb as hell/poor for only putting 2k down on a 200k house because you can easily get underwater on a mtg that way (20% is sufficient cushion), but you got extremely lucky buying real estate at a very low price and having very cheap financing. your home has probably appreciate 25% in value or something

rather than invest the 198k you just lit on fire and get like 10% returns in a total stock market index fund - you dumped it all into a home that is probably at the peak of its value (before an impending stock market or real estate market correction) and now if you want to buy another house interest rates are much higher

i dont think i want to leave this house. we just put in a 20k retaining wall and stone patio last year and i actually want to enjoy them