I want to buy a house but I'm too broke

I want to buy a house but I'm too broke

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  • I'm thinking of buying a condominium or a house
  • How can I help you?
  • Yes. How much down payment would I need for a $900,000 house?
  • So I'm guessing your going to need a mortgage and want me to be the motgage broker
  • I don't have that type of money right now. What about a lease or renting a place?
  • It would be around $250,000
  • Ok
  • With leasing it would be cheaper for the moment. Also there is no property taxes or land transfer taxes
  • And when you buy a house, you have to pay your mortgage no matter what or the house would be foreclosed and you'd lose everything inside 
  • ya and the worst that could happen with renting, is being evicted by the superintendent 
  • I'm not getting the house. I'm thinking subletting an apartment 
  • How did it go at the bank son?
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