Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » I locked in at 2 percent bro it’s ok
  1. Results 1 to 30 of 241
  2. Page 1 of 9
  3. 1
  4. 2
  5. 3
  7. Last

Thread: I locked in at 2 percent bro it’s ok

post 1670546903 11-03-2022, 03:23 AM
-
#1
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0

I locked in at 2 percent bro it’s ok

Lol if you did this. The lower your rate the more you overpaid.

2021 your house value 800k
2024 your house value 265k to 325k

Just like in 08 to 16….but I’m locked in brah

Mortgagecels on suicide watch
post 1670547153 11-03-2022, 03:35 AM
-
#2
  1. MarioMiami305
  1. MarioMiami305
  3. Join Date: Jul 2022
  4. Age: 56
  5. Posts: 13,798
  6. Subscribers: 2
  7. Rep Power: 0
Originally Posted By GeezersPalace⏩
Lol if you did this. The lower you l Ike’s in the more you overpaid.

2021 your house value 800k
2024 your house value 265k to 325k

Just like in 08 to 16….but I’m locked in brah

Mortgagecels on suicide watch
Not only thag but the cost to maintance a home is sky rocketing
-germ theory is 100% fake
-raw meat , raw eggs , raw butter, raw milk everyday crew
-no alcohol crew
-moisturize with butter and wash face with milk crew
post 1670547343 11-03-2022, 03:46 AM
-
#3
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0
Which makes their home lower in value on top.
post 1670547383 11-03-2022, 03:48 AM
-
#4
  1. AlwaysFocus
  2. Registered AI
  1. AlwaysFocus
  2. Registered AI
  3. Join Date: Sep 2016
  4. Location: BC, Canada
  5. Posts: 43,341
  6. Rep Power: 354666
Thats not how it works son.
post 1670547773 11-03-2022, 04:00 AM
-
#5
  1. TokenV
  2. I ❤ TECHNO
  1. TokenV
  2. I ❤ TECHNO
  3. Join Date: Feb 2012
  4. Location: Belgium
  5. Posts: 41,404
  6. Rep Power: 442514
da fuk are you talking about?

why would house value drop to 1/3rd?
++
post 1670548153 11-03-2022, 04:15 AM
-
#6
  1. r32gojirra
  2. Registered NEET
  1. r32gojirra
  2. Registered NEET
  3. Join Date: Feb 2013
  4. Location: East Coast, Australia
  5. Posts: 39,466
  6. Subscribers: 6
  7. Rep Power: 590962
Lmao

post 1670548173 11-03-2022, 04:16 AM
-
#7
  1. Bracket199
  2. Smile Motherfcuker!
  1. Bracket199
  2. Smile Motherfcuker!
  3. Join Date: Feb 2008
  4. Location: Ontario, Canada
  5. Age: 35
  6. Posts: 7,337
  7. Rep Power: 28787
When interest rates go up, rentcels pay the difference to landlords.
++ Positive Crew ++

*Go to theme parks and sit with strangers in rides. To get social pics for Tinder Crew*
*Phone the talking clock just to hear someones voice Crew*
post 1670548393 11-03-2022, 04:24 AM
-
#8
  1. rectifryer
  2. enlightened
  1. rectifryer
  2. enlightened
  3. Join Date: Sep 2012
  4. Posts: 25,634
  5. Rep Power: 208783
Originally Posted By r32gojirra⏩
Lmao

only problem in that pic is there should be two different houses. The fact that it's spelled out so clearly for you yet you still don't understand is alarming
Originally Posted By Bracket199⏩
When interest rates go up, rentcels pay the difference to landlords.
Nope. Rent is decreasing. Rent is half of what a mortgage costs here...
Boycott foodservice industry crew
post 1670548403 11-03-2022, 04:24 AM
-
#9
  1. miscallday12
  2. Registered User
  1. miscallday12
  2. Registered User
  3. Join Date: Sep 2016
  4. Age: 31
  5. Posts: 7,592
  6. Rep Power: 23597
Originally Posted By MarioMiami305⏩
Not only thag but the cost to maintance a home is sky rocketing
good opportunity to start a handyman DIY youtube channel
post 1670548473 11-03-2022, 04:28 AM
-
#10
  1. TokenV
  2. I ❤ TECHNO
  1. TokenV
  2. I ❤ TECHNO
  3. Join Date: Feb 2012
  4. Location: Belgium
  5. Posts: 41,404
  6. Rep Power: 442514
Originally Posted By rectifryer⏩
only problem in that pic is there should be two different houses.
how?
++
post 1670548483 11-03-2022, 04:28 AM
-
#11
  1. tripod29
  1. tripod29
  3. Join Date: Oct 2017
  4. Posts: 26,134
  5. Rep Power: 452641
OP continues to display his ape like IQ. Hope you paid your rent on time OP.
post 1670548903 11-03-2022, 04:42 AM
-
#12
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0
Originally Posted By LargePeter⏩
lmfao

If that's how you think mortgages and real estate works, it's pretty clear to me you're bitter because no one was stupid enough to loan you money to buy. Nor would you have a well enough paying job or the required discipline to save a deposit.

Brutal.
My background is pretty well established here. I work for a prestigious investment bank in Sydney and have worked in NY and London. I also own property, but bought ages ago and even 15 years ago realized it was mugs game.

But yeah sure mate, owning land outside of New York or cali is worthless.
post 1670548933 11-03-2022, 04:44 AM
-
#13
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0
Notice how these mortgage retards have no idea how inflation is affecting/wrecking their investment.

Low iq regards whonoverpaid hundreds of thousands of dollars. Wait until their wife leaves then and they have to sell lol
post 1670548953 11-03-2022, 04:44 AM
-
#14
  1. MrQuint
  2. Registered User
  1. MrQuint
  2. Registered User
  3. Join Date: Aug 2016
  4. Age: 47
  5. Posts: 5,981
  6. Subscribers: 2
  7. Rep Power: 72952
Originally Posted By rectifryer⏩
only problem in that pic is there should be two different houses. The fact that it's spelled out so clearly for you yet you still don't understand is alarming
Not sure if srs
Here's to swimmin' with bow-legged women.
Vybz Kartel crew
post 1670548973 11-03-2022, 04:45 AM
-
#15
  1. Guyfawkes1010
  2. Remember the 5th of Nov
  1. Guyfawkes1010
  2. Remember the 5th of Nov
  3. Join Date: Aug 2022
  4. Posts: 4,630
  5. Rep Power: 11544
Originally Posted By GeezersPalace⏩
Lol if you did this. The lower your rate the more you overpaid.

2021 your house value 800k
2024 your house value 265k to 325k

Just like in 08 to 16….but I’m locked in brah

Mortgagecels on suicide watch
Actually 2% and got my house before the crazy price spikes. And got it on a good deal from my friend.

Stay mad peasant.
post 1670548993 11-03-2022, 04:46 AM
-
#16
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0
Originally Posted By Guyfawkes1010⏩
Actually 2% and got my house before the crazy price spikes. And got it on a good deal from my friend.

Stay mad peasant.
That’s not how macroeconomics work mate. Keep telling yourself your worthless plot of land in Kentucky is worth something, cause guess what? It’s not.
post 1670549053 11-03-2022, 04:48 AM
-
#17
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By TokenV⏩
da fuk are you talking about?

why would house value drop to 1/3rd?
You realize that home values are dropping faster right now in the US then they were in the first 5 months at the start of the 2007-2012 Housing Market Crash right?
post 1670549163 11-03-2022, 04:52 AM
-
#18
  1. JT11RTR
  2. Registered User
  1. JT11RTR
  2. Registered User
  3. Join Date: Dec 2011
  4. Posts: 14,108
  5. Rep Power: 87727
OP just showing he has no idea how anything works
"
post 1670549193 11-03-2022, 04:53 AM
-
#19
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By Bracket199⏩
When interest rates go up, rentcels pay the difference to landlords.
No they don't, when interest rates go up, RENTS GO INTO FREEFALL and landlords lose money EVERY month and subsidize RentChads rents by charging FAR less than the landlord's actual costs. See link or just google rents falling.


https://www.entrepreneur.com/busines...-the-us/438117
post 1670549283 11-03-2022, 04:56 AM
-
#20
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By Guyfawkes1010⏩
Actually 2% and got my house before the crazy price spikes. And got it on a good deal from my friend.

Stay mad peasant.
That's literally what people like you were saying in about August 2007 about 5 months after the peak except they got a 5.21% rate in June 2003 which they thought was incredible.
post 1670549623 11-03-2022, 05:09 AM
-
#21
  1. TsarChasm
  2. Registered User
  1. TsarChasm
  2. Registered User
  3. Join Date: Jan 2012
  4. Posts: 5,883
  5. Rep Power: 15868
I bought 8 years ago and refinanced at the lowest rate possible. I live in Mass and the average rent price is $2500. My mortgage is $1500. How is me spending $1000 more a month in rent and not having 300k in equity A bEtTeR FiNaNcIaL decision? Even if the housing market would completely collapse (PS it won't. Demand is still way too high. I work for a developer and all of our projects are bought before we even start building)
post 1670550163 11-03-2022, 05:22 AM
-
#22
  1. GeezersPalace
  2. Registered User
  1. GeezersPalace
  2. Registered User
  3. Join Date: Jan 2016
  4. Age: 42
  5. Posts: 4,313
  6. Rep Power: 0
Low iq retards on display here. No wonder most of you are incels or married to ugly women or your woman got coomed in by different dudes.
post 1670550463 11-03-2022, 05:30 AM
-
#23
  1. BrightThru2014
  2. Registered User
  1. BrightThru2014
  2. Registered User
  3. Join Date: Apr 2014
  4. Age: 33
  5. Posts: 3,902
  6. Rep Power: 15332
Property value is higher since buying in 2018, mortgage is about equivalent to or slightly less than cost of renting, and locked in at a refinanced 2.85% 15-year rate.

I think I’m sweet OP thanks.
post 1670550843 11-03-2022, 05:44 AM
-
#24
  1. WoofieNugget
  1. WoofieNugget
  3. Join Date: Jun 2010
  4. Age: 51
  5. Posts: 24,090
  6. Rep Power: 109576
Originally Posted By Bracket199⏩
When interest rates go up, rentcels pay the difference to landlords.
I always love how people who obviously aren't landlords just assume that property owners can jack their rent whenever they please if their expenses go up.

Meanwhile in my city, rental prices are dropping because landlords would rather make part of something than pay two or three inflated mortgages every month.

When 2024/2025 rolls around and all the FOMO people who massively overpaid for their properties have to renegotiate their mortgages, it's going to be a bloodbath.
post 1670551523 11-03-2022, 06:11 AM
-
#25
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By WoofieNugget⏩
I always love how people who obviously aren't landlords just assume that property owners can jack their rent whenever they please if their expenses go up.

Meanwhile in my city, rental prices are dropping because landlords would rather make part of something than pay two or three inflated mortgages every month.



When 2024/2025 rolls around and all the FOMO people who massively overpaid for their properties have to renegotiate their mortgages, it's going to be a bloodbath.
THIS, it doesn't matter if you have a 2.5% fixed rate for 30 years when all your neighbors bought with 5 year APRs at the peak of the bubble and then they all get foreclosed upon, Astronauts and Squatters and MethHeads turn the neighborhood into Detroit and your property value plummets 90%.
post 1670551993 11-03-2022, 06:25 AM
-
#26
  1. OffwhiteBrah
  1. OffwhiteBrah
  3. Join Date: Apr 2015
  4. Location: Florida, United States
  5. Posts: 50,218
  6. Rep Power: 545472
Op just waiting for 08 type of crash which is not happening, he real mad
post 1670552243 11-03-2022, 06:30 AM
-
#27
  1. rectifryer
  2. enlightened
  1. rectifryer
  2. enlightened
  3. Join Date: Sep 2012
  4. Posts: 25,634
  5. Rep Power: 208783
Originally Posted By MrQuint⏩
Not sure if srs
Absolutely serious
Originally Posted By TsarChasm⏩
I bought 8 years ago and refinanced at the lowest rate possible. I live in Mass and the average rent price is $2500. My mortgage is $1500. How is me spending $1000 more a month in rent and not having 300k in equity A bEtTeR FiNaNcIaL decision? Even if the housing market would completely collapse (PS it won't. Demand is still way too high. I work for a developer and all of our projects are bought before we even start building)
You're not losing money. If you bought now instead of renting, you absolutely would be. The nuance of this discussion is what eludes most misc "experts".
Originally Posted By Anachron⏩
Interesting to see how OP, being the financial expert he is, let's this one slide without calling it out.

Rents are not tied to interest rate ( at least not directly ).

But we all know OP is just a LARP and doesn't know what he is talking about.



Source?
You wouldn't need a source if you were tied to real estate in any form.

Rent is collapsing right now. I can explain the mechanism but I feel like I'd be doing your work for you. You've set your own personal standard where if someone is off by 6 months then you claim they're not credible despite providing no other model or conclusion besides "REAL ESTATE ONLY GOES UP" which is characteristic of exuberance....but we're past that now.
Boycott foodservice industry crew
post 1670552523 11-03-2022, 06:37 AM
-
#28
  1. gixxer0.6g
  2. Maximum Effort
  1. gixxer0.6g
  2. Maximum Effort
  3. Join Date: Apr 2008
  4. Location: Montana, United States
  5. Posts: 43,865
  6. Rep Power: 266599
The cold hard truth for rent cells is if you didn't buy a house a few years ago, you never will. Housing in the future will be a thing reserved for the elites.
Toxic Masculinity
post 1670552553 11-03-2022, 06:39 AM
-
#29
  1. SilencespeaksEx
  2. Banned
  1. SilencespeaksEx
  2. Banned
  3. Join Date: Nov 2022
  4. Age: 56
  5. Posts: 151
  6. Rep Power: 0
My bish of an ex wife took the house in the divorce AND I had to pay alimony. I'll never own one again OR end up with some big girl who looks like a bag of oatmeal. A life of crime, being a rent chad and doing Pepsi is all that you really need.

A home is really only necessary if you plan on giving it to your ex as a present to compensate for doing prostitutes and drugs.
post 1670552623 11-03-2022, 06:41 AM
-
#30
  1. rectifryer
  2. enlightened
  1. rectifryer
  2. enlightened
  3. Join Date: Sep 2012
  4. Posts: 25,634
  5. Rep Power: 208783
Originally Posted By Anachron⏩
You mean, it's that nuance that eludes most rentards - not everyone bought in the past two years.



About the bolded, I wonder if Woofie will call you out on it - or if he has a hard on just for me.

But as for you... Being two years out, pretending to sell at peak, in anticipation of a crash that is still nowhere to be seen... Just LOL @ thinking you're anywhere near credible.

And feel free to quote a single post of mine that said anything close to "REAL ESTATE ONLY GOES UP".
lmao you state, in the same breath, that buying in the last few years is a nuance to this discussion then turn around and say a crash is nowhere to be seen....why would buying in the last two years matter at all to you? You've never said RE only goes up, you've merely defended it at every turn and worship at its alter like a choir boy.
Originally Posted By gixxer0.6g⏩
The cold hard truth for rent cells is if you didn't buy a house a few years ago, you never will. Housing in the future will be a thing reserved for the elites.
that's exactly the psychology that lead to the price increases.
Boycott foodservice industry crew
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts