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Buying a condo a bad idea?

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I live in Los Angeles with my gf and combined we make about $140k. We could currently put down about 100k as a down payment and have emergency money left over.

Her parents and my parents have also said they would help with a down payment, so I'm guessing we could probably get around 200k total for a down payment. We'd pay it back eventually but it wouldn't be super pressing.

After taxes our take home pay is conservatively around $7k/month. (I work freelance so it varies)

Looking at places around the 600k range I'm guessing I can rent a room for $1200-1400/mo to help pay the mortgage, or possibly air bnb it for more money.

I'm guessing our mortgage would be around 400-450k.

For those of you that are home/condo owners does this sound like a realistic scenario?

Anyone have experience with hosting air bnb? How money can be made with a spare room?
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>>2931970
Air bnb is great until they destroy ur property and run off into the sunset without paying a dime

Investing in prop is relatively safe but you'd be better off throwing that money into a trashcoin and praying it moons. That or just do the exact opposite of what biz retards are memeing
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>>2932002
yeah that's a concern, as well as air bnb guests perving on my gf. I'm home more often cause I mainly work from home but I'm not there all the time. It would probably be better to have a roommate I just don't like sharing all the fridge space etc.

Part of the reason I'm considering it is that rent is really high and keeps going up. For the cost of renting a decently nice apartment I think I could buy a condo. Downsides are debt, less mobility, and having pretty much my life savings tied up in a down payment, but at least I'll be building equity instead of pissing away money to my sand nigger landlord. Did I mention how much I hate my sand nigger landlord?
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>>2932026
sandniggers are inherently the worst type of niggers, even moreso than jews. What your planning seems very safe and would give you a decent moneyfarm if properly executed. You're right about the landlord, you're literally handing him bags of cash for no apparent reason. I'd say fuck it and do it t b h. The key with air bnb is renting it to someone respectable that you're relatively sure won't do anything sketch.
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>>2932162
Yeah I'll do more research about the Airbnb. I have a pretty large social circle so I could probably find a cool roommate. It's probably gonna be weird going back to living with a roommate after my gf and I having our own place for a while, but for ~$1300/mo it's totally worth it to me to cuck someone else into paying my mortgage.
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