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Joe Swanson
CNBC Make It
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Comments by "Joe Swanson" (@joeswanson733) on "" video.
It is title bait
66
@mugentuner also paying all that for 1/3 house....bang for buck wise...not that impressive
25
The only way this would make sense if the house was huge like 5-6 bedrooms 5 bath than there would be enough space for her or a guest house (those properties with a front and back house)
11
I thought the same too in situation like this its usually house that's either with a. Guest house or basement in which additional family can expand this house isnt big enough if she or her brother has. A family
10
Eventually if she wants to have her own family the house might not be big enough for all of them especially if her brother also wants to start a family
9
Yeah is a risk as it relies on everything going hunky dory with nothing going wrong
9
That's NYC for you
7
She's only 23/24 she got 40 years left to go if she retired by 64
7
Yeah cause if going by titles she is more successful than majority of Americans out there today past present and future.
6
We also have to factor in house size for more people in the house.
5
@GSG9Kazmir they'll have to wait for the appreciation in the long haul but in the end they'll break even at least.
3
Don't doctors make $$$$
3
They have to consult an attorney to work out all the details like those if they didn't it's a time bomb waiting to happen
2
At least you own a home
2
@cncannaday it's a old trick. Not exactly revolutionary
2
Tax free too
2
People moveor live where the jobs are which may or may not align with family/friends location's
2
Which is foolish
2
10 percent to church is pretty steep
2
Assuming they put down 20 percent total this still leaves $600,000 that has to be paid off over 30 years the principal is already $1666 a month not factoring in interest. As krphan mention they put down only like 10 percent down payment but the principal shouldn't only still be around $1869/month (not incl interest)
2
@Monkehrawrrr I wished I made $100k I can't imagine struggling on $200k
1
At this point it's better than nothing
1
I'm terms of Bang for buck....it's nothing special
1
It would be easy to buy her out she owns only 70 percent
1
Buyout
1