Tech Industry
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Jealousy witnessing my same-sex crush get married. Yes I work at Nvidia but I have nothing else.
Ask Blinders
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Do women prefer coffee dates since they can bail if they don't like the guy OR does it make them think the guy is cheap?
Tech Industry
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Liberals ruin everything
Tech Industry
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22237
😬 crazy? I want to invest $300K in Nvidia
Personal Finance
Yesterday
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NRI in late 30s and low nw. whats your gameplan
Hi folks, buying a house for 1.2M. Have 360k in cash. Household TC - 650k+ Household net worth - 1.1M+ (including 360k cash) Both Indian origin, on work visa. Have the option to do 10% down. ARM 5/6, 5.375 % with 0 points, 250$/month PMI. With 20% down, ARM 5/6 5.5% 0 points. What would you do? Even if I do 20% down, I would have liquidity of 100k. If I do 10% down, I can invest the rest which in long term might give better returns. However, with higher interest rate and PMI, not sure what I should do. What would you do? #mortgage #housing #seattle
20% down.
Would you be able to get a ROI higher than the interest and the PMI you’d pay?
Need guaranteed return
10% down. What strings did you pull to get 0 points ? Who is your lender?
Don’t do an ARM
I would rent if I didn’t have perm status in this climate. I would also rent anyway because mortgage rates are going back up and house prices are still way too high.
Don’t do ARM is not the right comment for this time. It was a 2008 thing when bad debts were issued. My suggestion is do 10%, in case you lose your job and have to give up your house and return home. Your money is not stuck in the house.
Do Arm and put 20% down
Buying a house on work visa? Brave. Hope you can get gc soon
Lol 90% of Indian homeowners are on visa
Would you borrow 10% equity in your house to buy stock? If yes then do 10% down otherwise 20. Stock in lieu of down pmt is similar to a margin loan at a lower rate.
Never do arm....
Do only ARM
Fixed ones are at least 0.5% higher maybe even more. Most mortgage lenders are convinced of refinance opportunities in 2024. But yeah who knows..