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[HUGO]

I actually work with mortgages/lenders. There's a lot of risk factors with buying an apartment. Not the smartest thing to do. This has a lot of potential

I started doing my research and GAGGED!

Like...you mean to tell me, I pay my mortgage and then some random fagg comes and snatches my mess in X years.

Plus you have to pay all those shared fees with your neighbors.

No comprendo!

Housing Association fees are no joke. And if that shit is nonwarrantable...whew! Good fucking luck!

[GLOCK]

Now wait this new house u just posted is slaying me 
Thats out here? 

[HUGO]

And bby with an apartment/condo ...don't let your neighbor set a damn fire

[HUGO]

I plan on buying my first property next year. 

I figured I get something for myself first with 3% down as a first time homebuyer, then take a dive into purchasing an investment property.

ack



Whew.
Like an apartment building?
I would hate to deal with tenants
Like multiple families 

No ma'am

It all depends where. I was thinking maybe a multi family home. I know I can't buy no investment property in NYC right now. But then again who knows what the outcome of covid is going to be. I expect a lot of properties to end up foreclosing. Especially ppl with 2nd homes and vacation homes. They'll be trying to save their primary before anything else.

[GLOCK]

I actually work with mortgages/lenders. There's a lot of risk factors with buying an apartment. Not the smartest thing to do. This has a lot of potential

I started doing my research and GAGGED!

Like...you mean to tell me, I pay my mortgage and then some random fagg comes and snatches my mess in X years.

Plus you have to pay all those shared fees with your neighbors.

No comprendo!

What do u mean someone can snatch ur mess? 

It's basically an extended lease.

For the uninitiated, leasehold ownership of a property basically means a long tenancy and the right to own, occupy and use it for a long period.

The lease is the contract between the flat owner and landlord or freeholder who owns the land and building. Technically, if you buy a leasehold flat, you become a leaseholder rather than an "owner".

It sounded too much for me.

https://www.lovemoney.com/news/15939/five-reasons-never-buy-leasehold

Huh? 
Does not every person that owns a space in the building share ownership with all owners of the lofts? Or apts?

So someone owns the Actual building but U don't own ur actual apartment

That sounds crazy ..

I don't get it. How u buying some shit and then someone can just take it? Will they pay u everything u invested in ur shit?

[GLOCK]

Now wait this new house u just posted is slaying me
Thats out here?

No, it's the UK...with a redesigned front. A lot of homeowners are doing that now.

I love that
U should do that

[GLOCK]

I plan on buying my first property next year. 

I figured I get something for myself first with 3% down as a first time homebuyer, then take a dive into purchasing an investment property.

ack



Whew.
Like an apartment building?
I would hate to deal with tenants
Like multiple families 

No ma'am

It all depends where. I was thinking maybe a multi family home. I know I can't buy no investment property in NYC right now. But then again who knows what the outcome of covid is going to be. I expect a lot of properties to end up foreclosing. Especially ppl with 2nd homes and vacation homes. They'll be trying to save their primary before anything else.

Y'all shit high as hell up there
But bitch I wish I could've Inherited some mess there
BAYBAE
I would be paid 

[🦚]

What you gonna call it. 

Theodore Court

Ack. 

[GLOCK]

HOA fees (those fees you "share with the neighbors") are almost inescapable if you're buying a NEWER house in America in 2020.

A little research on the housing market in America will easily reveal that.

They are set by DEVELOPERS who build these newer communities (both house communities and condos). And the Homeowner's Association protects the community's value.
And they're useful. Your next door neighbor cannot decide to paint their entire house PINK without authorization
And you can REPORT  them to an HOA if they decide to not trim their lawn anymore.

Sounds like things are different in the UK...but this how things work in the states with HOAs.

I know all about HOA
I think it's ridiculous u have to get approval for mess

Like if I want my shit to be pink
Why tf not 

So petty
America sucks

[HUGO]

I plan on buying my first property next year. 

I figured I get something for myself first with 3% down as a first time homebuyer, then take a dive into purchasing an investment property.

ack



Whew.
Like an apartment building?
I would hate to deal with tenants
Like multiple families 

No ma'am

It all depends where. I was thinking maybe a multi family home. I know I can't buy no investment property in NYC right now. But then again who knows what the outcome of covid is going to be. I expect a lot of properties to end up foreclosing. Especially ppl with 2nd homes and vacation homes. They'll be trying to save their primary before anything else.

Y'all shit high as hell up there
But bitch I wish I could've Inherited some mess there
BAYBAE
I would be paid 

!!! Those ppl who bought brownstones in the late 80's early 90's in NYC were getting purchase offers for millions

[GLOCK]

I actually work with mortgages/lenders. There's a lot of risk factors with buying an apartment. Not the smartest thing to do. This has a lot of potential

I started doing my research and GAGGED!

Like...you mean to tell me, I pay my mortgage and then some random fagg comes and snatches my mess in X years.

Plus you have to pay all those shared fees with your neighbors.

No comprendo!

What do u mean someone can snatch ur mess? 

It's basically an extended lease.

For the uninitiated, leasehold ownership of a property basically means a long tenancy and the right to own, occupy and use it for a long period.

The lease is the contract between the flat owner and landlord or freeholder who owns the land and building. Technically, if you buy a leasehold flat, you become a leaseholder rather than an "owner".

It sounded too much for me.

https://www.lovemoney.com/news/15939/five-reasons-never-buy-leasehold

Huh? 
Does not every person that owns a space in the building share ownership with all owners of the lofts? Or apts?

So someone owns the Actual building but U don't own ur actual apartment

That sounds crazy ..

I don't get it. How u buying some shit and then someone can just take it? Will they pay u everything u invested in ur shit?

No!

That's why it's so crazy for me.

The land owner is basically the landlord and you might buy a leasehold for 50 years, or 10 years, or 5 years etc. and at the end of the leasehold ownership reverts back to the land owner and you don't get a fucking DIME back.

I really just don't understand the point. Might as well rent.

Lease-holding and Shared Ownership are a MESS!

Bitch when i tell u I would beat tf out of someone
No
No no no

Not me paying all these years of a damn mortgage and u taking my shit from me
Yeah right

[HUGO]

I actually work with mortgages/lenders. There's a lot of risk factors with buying an apartment. Not the smartest thing to do. This has a lot of potential

I started doing my research and GAGGED!

Like...you mean to tell me, I pay my mortgage and then some random fagg comes and snatches my mess in X years.

Plus you have to pay all those shared fees with your neighbors.

No comprendo!

What do u mean someone can snatch ur mess? 

It's basically an extended lease.

For the uninitiated, leasehold ownership of a property basically means a long tenancy and the right to own, occupy and use it for a long period.

The lease is the contract between the flat owner and landlord or freeholder who owns the land and building. Technically, if you buy a leasehold flat, you become a leaseholder rather than an "owner".

It sounded too much for me.

https://www.lovemoney.com/news/15939/five-reasons-never-buy-leasehold

Huh? 
Does not every person that owns a space in the building share ownership with all owners of the lofts? Or apts?

So someone owns the Actual building but U don't own ur actual apartment

That sounds crazy ..

I don't get it. How u buying some shit and then someone can just take it? Will they pay u everything u invested in ur shit?

No!

That's why it's so crazy for me.

The land owner is basically the landlord and you might buy a leasehold for 50 years, or 10 years, or 5 years etc. and at the end of the leasehold ownership reverts back to the land owner and you don't get a fucking DIME back.

I really just don't understand the point. Might as well rent.

Lease-holding and Shared Ownership are a MESS!

Paying your mortgage, all those fees, YET still sharing common areas with other folks, only for them to snatch it back at the end of the term leaving you with no equity nothing

[Vonc2002]

That is AMAZING! Congrats 

[L0NZ.]

sit outside in the car day and night to observe the MESS

you don't want to move next to a cracker nightmare on elm street tea

I WISH I HAD DONE THIS OMG

my immediate neighbors are cool and Black. But these mexican kids bitch. And they keep their yard a fkn MESS. I thought they took pride in the landscape mess or is that racist

[I. Hate. Monica.]

Congrats Theo!