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So I recently sold a townhome with an ARV of 140-150k with some settling on the foundation that couldn't be lifted, needing 20k of repairs with a leaning party wall. I got a fair enough deal I guess, but I'm regretting it now.

The issue is not that I'm not willing to work to pay off debts and save up a down payment. The issue is that I don't have a degree or experience in anything that won't be automated out in the near future, such as entry level IT, and I think even with having to rent out part of the living room and the extra bedroom, I would have been ahead.

This is because anyone on a low enough income will benefit much more from owning a property even if it's in bad shape and is a black hole for all your disposable income.

The alternative for me now is to rent cheap and wage, and pay off debt. Then I can see what I have after DCAing Bitcoin I guess and combine that with whatever cash I end up with, and test the job market at that time to see if homeownership is feasible.

But I don't know, would you have stayed in it if your job prospects would take 2-3 years to improve based on the current situation, or simply start over and get something later with less issues?

If anyone has advice or would like to talk finances, drop your Telegram



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