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Old 03-23-2006, 03:29 AM   #1
Jensen
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Buying My First House

How did it go? I'm looking and talked to a lot of banks to get a proper loan.. most were negative (even though I have 40-50% capital) since I was self employed and "young".. one bank even demanded to see industry contracts

People with low paying jobs seemes to easily get loans with nada or 10% of capital so why the heck are we so not wanted by banks?
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Old 03-23-2006, 03:32 AM   #2
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Quote:
Originally Posted by Jensen
one bank even demanded to see industry contracts
Send them here, we'll vouch for you...
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Last edited by LiveDose; 03-23-2006 at 03:33 AM..
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Old 03-23-2006, 03:33 AM   #3
Jensen
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[QUOTE=LiveDose]
Quote:
Originally Posted by Jensen
one bank even demanded to see industry contracts
QUOTE]

Send them here, we'll vouch for you...
I'll wear my gfy shirt to the next bank
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Old 03-23-2006, 03:33 AM   #4
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me two in deceomber
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Old 03-23-2006, 03:42 AM   #5
andrej_NDC
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Banks over here are even offering me loan products...so I only have to choose a house. We are on the same boat, I hope to have mine this year.
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Old 03-23-2006, 03:53 AM   #6
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Quote:
Originally Posted by Jensen
How did it go? I'm looking and talked to a lot of banks to get a proper loan.. most were negative (even though I have 40-50% capital) since I was self employed and "young".. one bank even demanded to see industry contracts

People with low paying jobs seemes to easily get loans with nada or 10% of capital so why the heck are we so not wanted by banks?
dude it's exactly what happened to me. they wanted signed contracts, clients list etc.
they saw I have a nice net profit / year but they said my company is quite new (2 years) and here like 7% of the new companies survive 2 years and 2% in 5 years. they even asked me about my skills.. fucking retarded.

wasted few good days with these croks. I fucked them all, waited few more months and bought an apartment last month with cash.
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Old 03-23-2006, 03:54 AM   #7
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Originally Posted by LiveDose
Send them here, we'll vouch for you...
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Old 03-23-2006, 04:07 AM   #8
Jensen
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Originally Posted by flashfreak
dude it's exactly what happened to me. they wanted signed contracts, clients list etc.
they saw I have a nice net profit / year but they said my company is quite new (2 years) and here like 7% of the new companies survive 2 years and 2% in 5 years. they even asked me about my skills.. fucking retarded.

wasted few good days with these croks. I fucked them all, waited few more months and bought an apartment last month with cash.
not good :/
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Old 03-23-2006, 04:10 AM   #9
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I bought my first house last December. Its a great feeling to sign all the paperwork.

Good luck on getting your own place.
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Old 03-23-2006, 04:10 AM   #10
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screw them, rent out
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Old 03-23-2006, 05:33 AM   #11
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young and owning your own house.... plan on getting laid a lot!
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Old 03-23-2006, 05:39 AM   #12
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My bank just want to see a steady income on my accounts over some time. Should be less problem if you have such high % cash at the purchase.
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Old 03-23-2006, 06:55 AM   #13
Sinstar
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Best of luck getting your house! Banks hate the self-employed. They'd rather you be working for McDonalds because they trust that corporate $180 weekly paycheck a lot more than your fat internet cash, or as bankers call it... "monopoly money".
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Old 03-23-2006, 08:29 AM   #14
Vasago Reno
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Good luck with your new first home. I remember the experience and it was a good feeling.
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Old 03-23-2006, 10:08 AM   #15
Jensen
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young and owning your own house.... plan on getting laid a lot!
already share this rented place.. but sure.. I'd welcome a trio
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Old 03-23-2006, 10:20 AM   #16
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Originally Posted by Mike33
young and owning your own house.... plan on getting laid a lot!
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