@landlordlover@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish • 10 months agoNo one really understands our strugglelemmy.worldimagemessage-square283fedilinkarrow-up11Karrow-down1118cross-posted to: loveforlandlords@lemmy.world
arrow-up1883arrow-down1imageNo one really understands our strugglelemmy.world@landlordlover@lemmy.world to Lemmy Shitpost@lemmy.worldEnglish • 10 months agomessage-square283fedilinkcross-posted to: loveforlandlords@lemmy.world
minus-square@MyNameIsIgglePiggle@sh.itjust.workslinkfedilink1•10 months agoI don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
minus-square@ryathal@sh.itjust.workslinkfedilink0•10 months agoYou don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
minus-square@KIM_JONG_JUICEBOX@lemmy.mllinkfedilinkEnglish1•10 months agoPMI sucks too. (Again, banks suck.) but it’s still better than paying rent.
I don’t understand why a 20% deposit is necessary. If you can make repayments as you can make rent, let them own the house already
You don’t need 20%, you do need at least 3% in most cases. You then pay pmi which is an extra cost.
PMI sucks too. (Again, banks suck.) but it’s still better than paying rent.