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Thread: LF House in LK bonvista, southglen or millrise

  1. #1
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    Default LF House in LK bonvista, southglen or millrise

    LF House in LK bonvista, southglen or millrise
    Looking for some friends need to have at least 2+ bathrooms & I know pushing it 4 bedrooms?
    with double garage

    However here is the dilmia he (friend) can only qualify for $125,000 other 2 roommates one with bad credit currently (ruined by bell canada cell phone wasnt cut off when asked too)
    2nd person no credit how can he afford to get a bigger house?
    Currently renting a house now but house rental is well falling apart & would rather have a nicer house they can alter.
    Any ideas?

    Thanks

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    Keep renting.

    Seriously, 3 friends, buying a house spells disaster 95% of the time.
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  3. #3
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    Originally posted by Tik-Tok
    Keep renting.

    Seriously, 3 friends, buying a house spells disaster 95% of the time.
    what he said.

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    ^^ 100% true.

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    3 friends buying a house is usually not a good idea.
    3 friends with bad credit buying a house is economic and social Darwinism.

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    Don't keep your hopes upon purchasing a house in the next year,.. but this is what you guys should do:
    Go visit/talk with a mortgage broker/bank mortgage specialist and find out what you guys need to do in order to qualify for a mortgage.

    You may not be able to purchase this coming year, but maybe the year after or after that?

    If you don't know what you need to qualify, you will likely not get a mortgage when you think you are ready.
    Burn some serious rubber on your Wedding Night!!


    Renovating a home the hard way:
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    I smell a murder coming on... lol...

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    sweet Thanks guys I totally appreciate the info
    I know I sorta qualify as a co-signer however i dont want to do that I want them to do it on their own without me .
    Hence why 2 of the guys live in the basement now of the rental house & the 3rd upstairs & they hardly see each other as there is a kitchen in the basement

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