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-   -   House Update... (http://community.rapverse.com/showthread.php?t=235119)

Tha .Q 09-18-06 12:24 PM

House Update...
 
wow...man...I can't believe I'm THIS CLOSE to getting my 1st property...

I spoke with my lender today and was told that Fannie Mae will do 100% financing. I have 1 more glitch to resolve. But, God willing, I'll be in my house by Dec., January at the latest.


I'll tell yall this much. This process is crazy man. If you can learn about credit and debt now, do it. When you turn 18, get yourself a line of credit and be responsible with it.

On the other hand, if you're a rich bitch like Carson Jet, then you can buy everything with your pocket change!


:thumbup:

GOD is good!

Willa 09-18-06 12:29 PM

you can start building credit when youre like 16
and yea you should do it
or youll be fucked with interest rates
props q

Blay'all 09-18-06 04:07 PM

okay, somebody please tell me... how do you build your credit? because you cant even get a decent credit card without any credit... seems stupid, do you just have to start out with a really shitty student credit card type deal or what? somebody school me, because im interested...

oh yeah, and congrats Q.

Willa 09-18-06 04:11 PM

gas cards that you have to make payments on
cell phones
cards at at stores paying off all yoru payments etc

Blay'all 09-18-06 04:12 PM

^ word, i got my own cell phone this past year and i've been making all my payments on time and shit, didnt know that was building credit :cool:

Sean Gunner 09-18-06 04:18 PM

Do it early if you can. Then they will make love to your credit.

Willa 09-18-06 04:19 PM

yea youre slowly building up your credit
which is good
because no credit
is almost as bad as bad credit


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