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Kwix

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Posts posted by Kwix

  1. 2 hours ago, Brothahorn said:

     

     

     

     

    Not sure if the car was speeding, but that dad was not even looking at his daughter in the middle of the road.

     

    If you live on a narrow street with cars lining both sides you better watch your kids closer than that.

    accident.png

    • Hook 'Em 2
  2. 16 hours ago, 0xdeadbeef said:

    Elon's sitting with these hipsters douchebags saying: "How do you do, fellow kids?"

    image.png.35f46196f1d866914c43efd93da8dc6f.png

    Define hipster here for me, cause t-shirts, hoodies, and baseball caps ain't it.

     

    Yes, Elon definitely looks out of place here.  He looks more like someone who would be calling everyone else in the room a hipster douchebag.

    the simpsons adult GIF

  3. Another question...

     

    Thinking about a property that would need renovating before moving in, and wondering if there is a type of loan for this sort of scenario.  I know there can be restrictions or penalties for selling shortly after taking out a heloc or cash out refinancing, but it's difficult to find a good answer online.

     

    Details:

    This is in Texas.

    Currently own house A.  700k value, 100k left on mortgage.

    No other debt.  Assume highest tier credit and enough income to cover mortgage / taxes / insurance / utilities / etc on both properties for the time it takes to go from step 1 to step 4.

     

    Here is what I would like to do.

    1) Buy house B for 550k.  Have enough in savings for 20% down.

    2) Put about 200k in renovations into house B. 

    3) Move into house B. 

    4) Sell house A.

    5) Use proceeds from house A to pay off loan for renovations.

    6) Put most of the remaining proceeds from house A towards house B mortgage.

     

     

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