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Old 08-16-06, 09:17 PM   #1
Tha .Q
I'm Talented.Period.
 
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Posts: 4,891
From: MD
About to purchase my 1st property in D.C.

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...in 11 months


God willing...


Man...my bros at work have been pushin me to step my game up...livin in apartments ain't cuttin it, esp. if ur payin like 800-900 a month to rent when you can own.


Well...I decided I want to purchase a Condo in down town D.C. The loan offers are steep...My credit isn't sterling...So, I have to put down a good chunk for a down payment...

I have it calculated to have enough to secure this loan in 10 months. And, in that 10 months, I plan to work to improve my credit so when I re-apply next July, I can get an even better deal.

I don't know how safe this is, but I plan to invest aggressively in my company's 401 K for the next 10 months to maybe speed the process along. They match my contributions by 6%.

Well, I'mma be on a budget for the next year. But, in the end, I'll own my own shit!
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