PNW Chit Chat thread

[ahrensNW]

I feel like I could come up with 10k pretty quick, but you did just say that your house doubled in 4 years... so wouldn't that be 20k now?

[ahrensNW]

They were one of the most innovative manufacturers in Formula 1 in the mid 60s before they dropped out due to a deadly crash

pussies

[2mAn]

protip fall 2016 should be an excellent time to buy

Christian, I didnt know you bought Kevins old 318. He dumped a TON of money into that car, nice pickup :up:

[OldDrunkenSailor]

I feel like I could come up with 10k pretty quick, but you did just say that your house doubled in 4 years... so wouldn't that be 20k now?

......

3.5% down payment was $10k for my house, so now it's about $20k. There are still houses < $300k where you'll be at $10k or below.

[DER E30]

I feel like I could come up with 10k pretty quick, but you did just say that your house doubled in 4 years... so wouldn't that be 20k now?

No, your 10k downpayment would be only a part of the total growth of the house... example, if you bought house for 300k and sold for 600k, you'd net 300k growth so your 10k could turn into an extra 290k... (that's assuming a lot though)

[spiDmang]

I really dont want to argue, but yes honda made shit engines for their passenger cars in the 80s

but, you should know this, Honda has been one of the top racing and motorcycle engine manufacturers of all time - and just because their passenger car engines were meh doesnt mean they didnt know how to build some real cool stuff. They were one of the most innovative manufacturers in Formula 1 in the mid 60s before they dropped out due to a deadly crash

Well you are comparing a civic to a homogenized racaecar. And I know Honda's history, that still doesn't make them comparable

[DER E30]

protip fall 2016 should be an excellent time to buy

Christian, I didnt know you bought Kevins old 318. He dumped a TON of money into that car, nice pickup :up:

I don't think I bought the "car" but I think I have the engine from that car in mine. The shell came from Cali in 2010 as far as I can tell. Tim, the guy I bought the car from said that he went for a ride in Kevin's car and wanted the engine but then that car was wrecked so Tim picked up the engine and put it in my car. Tim said that the engine used to have a totally different ECM/management system (megasquirt?) and is currently down at least 20hp.

But that's all kinda hearsay

I do have a receipt for an m42 made out to Kevin Doyle in my folder though...:rofl:

[ncsubowen]

To the property point, we bought our first house while we were both still in school. The mortgage was cheaper than we were paying in rent and all we really did was keep some student loan money along with our paychecks (since we were working side jobs) for a couple of months before applying. Anything over 60 days old they pretty much don't bother looking at.

Same deal moving out here in January, we jumped on a newly refinished condo in Redmond right at $305k, last week a worse condition smaller unit in our same complex sold for $347k. So right there in equity we're up over 40k just for having put our money up.

[ahrensNW]

Well, I'm only 18. I have a few more years...

[OldDrunkenSailor]

Well, I'm only 18. I have a few more years...

and at only 8% growth, that $300k house today is only $325 next year. Just saying, if you can afford it, it's the single smartest thing that you can do. And if you can't afford it, you should do the math, you can probably afford it.

[ahrensNW]

and at only 8% growth, that $300k house today is only $325 next year. Just saying, if you can afford it, it's the single smartest thing that you can do. And if you can't afford it, you should do the math, you can probably afford it.

I have about 15 - 20k to my name depending on what I could sell. No job yet, freshmen quarter at UW. I wouldn't even know where to start.

[DER E30]

and at only 8% growth, that $300k house today is only $325 next year. Just saying, if you can afford it, it's the single smartest thing that you can do. And if you can't afford it, you should do the math, you can probably afford it.

8%growth is better than the freakin stock market right now Maybe with the Chinese gov lowering interest rates and the deposit reserve requirements the other day the housing interest rates will fall more.

[OldDrunkenSailor]

Yeah, you need a job and to be < 50% debt-to-income (pretax). I didn't know where to start, bought mine because a housemate kept using the hot water and I decided it was time to show him. Went to Windermere.com and called a guy who had glasses in his photo.

[ahrensNW]

^well, I won't have any student loans when I graduate, so I guess that's one hell of a start.

[Matt-B]

I really dont want to argue, but yes honda made shit engines for their passenger cars in the 80s

but, you should know this, Honda has been one of the top racing and motorcycle engine manufacturers of all time - and just because their passenger car engines were meh doesnt mean they didnt know how to build some real cool stuff. They were one of the most innovative manufacturers in Formula 1 in the mid 60s before they dropped out due to a deadly crash

Sounds like im reading wikipedia...lol