Viewing a single comment thread. View all comments

swagharris31 t1_j5tp6xa wrote

Reply to comment by anwarunya in New owner of Astoria Goonies house wants to keep it open for movie fans by OregonTripleBeam

Same thoughts as well, but reading another article it said he put down 20% and pulled out equity from a couple of other properties he owns, so altogether he had to pull out three different loans.

14

anwarunya t1_j5tsw9n wrote

Maybe not the smartest move. That being said, he also has multiple properties to pull equity from. Still doing far better than I am.

11

littlebluedot42 t1_j5u3tyv wrote

> ...doing far better than I am.

Hey, now. That's not fair to you or your challenges, man. I have no doubt that you've made impressive progress in overcoming what you've got in your way, and I don't even know you. This guy could've inherited wealth and done fuck all otherwise. Be proud of what you've accomplished and never compare your victories to others' social media posts. Keep killin' it! 🤘🏼

8

pm_me_train_ticket t1_j5w04jb wrote

>This guy could've inherited wealth and done fuck all otherwise.

Yep, or they could be in a crapton of debt. Either way, it's not a foregone conclusion that they are "doing better".

We've seen what happens to folks who have $10M in properties and $9M in mortgages and the market turns south. All that "success" when the times are good is fake.

2