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SuperSport

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Everything posted by SuperSport

  1. Oh it's already documented there, she decided that a historic economic downturn was the perfect time to upgrade from a TL to a Range Rover. She makes as much as I do so I couldn't really say no, but I embrace every opportunity to point out that her car payment is more than our mortgage.
  2. Her car isn't going away, unfortunately. Dumb question amnesty...would the DTI calculation be inclusive of the second loan? We're currently at 25% (17% if they include annual bonuses), the second mortgage would put us in the 43%/30% range.
  3. Need some advice from the experts on building my financial/real estate empire...I've done some research and understand enough to be dangerous, but you might have to explain it to me like I'm five. And please, be brutally honest. I'm six years into a conventional 30-yr @ 4.25% on my townhouse, market value increase has me at ~$190k equity. We have a baby on the way and will need to upgrade soon; the market we're looking at is ~$600k turnkey, or a reno candidate would probably be in the $400s (fuck you, Property Brothers). However, I don't have the cash for a 20% down payment and I'd like to hold onto the townhouse as a rental/investment (very desirable property/location, can easily get $2500/mo)...my assumption would be a cash out refi to facilitate said down payment, and hopefully the bank can overlook my wife's stupid car note for DTI considerations on the second mortgage. Other option I guess would be a straight refi on the remaining principal, then go in with <20% on the new house and pay PMI for a year. Counterpoint: I have a full-time job and no landlord experience/infrastructure. Is it possible to learn on the fly without getting sued to Bolivia?..Are property management companies worth looking into (maybe as a near-term solution)?..Would it be smarter to just sell the townhouse and invest the profit? And for a bonus question (since there's a fair chance I get strong-armed into it), how does one go about financing/contracting a fixer-upper? Execute the home loan as-is and pay cash for the reno work, bring the GC into the appraisal and roll the reno estimate into a bigger home loan, or...? TIA
  4. I was of the understanding that a late offer is tantamount to disrespect, and in no way could a prospect choose a school that hadn’t been “showin’ them love” since the day they could walk. That only applies to Texas, you say? Ah, my mistake.
  5. Are you a wizard?
  6. Coincidentally, my SOXL money printer is down for repairs.
  7. RCL, amid today's correction..
  8. I think it's the "beef" part.
  9. 7% stumble would indicate the FRSX presentation was not positive...
  10. https://www.nbcdfw.com/news/national-international/amazon-wins-faa-approval-for-prime-air-drone-delivery-fleet/2435890/ $AMZN about to double.
  11. Over $510 after hours, fucking bonkers.
  12. I am buying back in. Slowly.
  13. Anyone still holding that DECN bag?..It just got 25% heavier.
  14. @Gooby plz.
  15. Yeah I bailed out of IBIO on Monday to cut my losses. Sold ALT today to lock in a solid gain, but it definitely sucks to think about the near-50% drop since last month's peak. C'est la [stonk] vie... Might jump back in ALT if falls to the $15 range and I feel like lighting some cash on fire.
  16. ALT is in freefall at this point. Sigh...
  17. Except those layoffs come from the bottom of the seniority list, gotta love unions.
  18. Just here to say fuck IBIO.
  19. Sometimes it’s nice to have family in Kentucky. And I don’t mean that in a West Virginia/Arkansas/Oklahoma kind of way.
  20. Best fucking news I've gotten all day.
  21. In related news, TSLA just broke $2k.
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