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/biz/ - Business & Finance

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11791682 No.11791682 [Reply] [Original]

I'm assuming these:
Down payment
Total assets
Total debts
credit score
Salary

Is there anything else I'm missing? I'm a full time MBA student who is about to graduate in May and hopefully get a comfy job. I have about 80K I could put down, 1 car loan I'm paying off, 760 credit score. Only thing is I have a shit job right now as I'm currently a student. So when I get a new job and apply for a mortgage, will they only factor in only my new job or my shit paying job that I've had for a couple of years? Would I have a better chance of getting approved if I wait a year or 2 and have a longer employment history at the new job?

>> No.11791693

Buy chainlink. Become rich within 6 weeks. Buy house all in cash so you don't have to pay interest to Jews.

>> No.11791703

>>11791693
I have 20k stinkies my man.

>> No.11791729

>>11791682
Also... listen brainlet MBA student. I don't know what they teaching you there but... we just had fucking 0% interest rates for a fucking decade. This MUST end in economic ruin. A mere 25 years ago had you told someone we'd have 0% interest rates much less for an entire decade you would have been put in a straight jacket and thrown in a mental institution.

Your literally better off taking 40 of that 80k and playing blackjack with it and hopefully win a bunch of money... because even if you lose the entire 40... you'll still have 40 left , whereas if you put that 80k into a home you'll get so fucking justed when the deflationary collapse hits. This is literally the worst time ever to be buying new a home

Pro-tip. Put half that 80 into gold and silver wait for the currency crisis and you'll be able to buy 5 homes free and clear soon.

>> No.11791741

>>11791682
Don't fall for the boomer debt meme, fool. I'm 32. I still rent. It's great. I'm not held down by anything. Every single one of my friends who graduated, worked a bit, then got a house and mortgage regrets it. They all feel trapped and hopeless. Meanwhile, the cost for my yearly rent is less than most of their yearly property taxes. Literally all the money I make sans a small amount (relative to income) of monthly spending money can be invested and grow from interest and gains. Your money should be working for you, Anon. Taking out loans and mortgages just takes your money instead.

Also, the global housing market is incredibly inflated, especially in America. 60% of millennials have less than $1,000 saved. The boomers are getting older. Whats going to happen when they all die? Who is going to buy their houses? The supply will far outweigh the demand and housing prices will plummet. Buying a house now is like buying Bitcoin at $19,500 in December.

>> No.11791743
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11791743

>>11791729
yes, I agree completely
buy from schiffgold while you are at it

>> No.11791750

>>11791682
FUCK OFF ASTRO

>> No.11791759

>>11791743
Yeah...completely stupid to buy a real asset and transfer your savings from Jew paper to real savings.

Fucking idiots on this board think that peter schiff is the only person in America selling something.

>> No.11791888
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11791888

>>11791759
>buying shiny rocks

>> No.11791903

>>11791729
>>11791741

These are fair points that I have considered. I've always wanted to own a home and will definitely be buying at some point. I am willing to wait a couple years for the housing market to correct/crash.

I should have stated in my 1st post I have about 15k in high yield dividend stocks, 5k in vanguard SP500 (which I am DCA'ing into), .5BTC and 20k links

I've also considered buying precious metals in the past as a hedge against inflation. I'm a complete brainlet when it comes to this though but have been looking into it for the past couple of days. I've heard a few anon's mention JM Bullion, is that where you buy from or are there any others you'd recommend?