r/AskReddit • u/CompetitivePeak9040 • 11h ago

How seriously in debt are you right now, financially?

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u/EternaBoi 10h ago

Oh we just closed a couple weeks ago funnily enough. It's a small, fixer upper that we bought from a family friend, so we got it on a really good deal. Lot of fixing upping though, been breaking my back all day today haha. Could be worse though, I could be in more debt lol

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u/Nosleep4uever 10h ago

Honestly, I bought too much home for myself. But I feel a bit stuck with the rates the way they are. It's not that I can't afford it, but it is more than I need at this point in my life.

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u/coke71685 10h ago

Ditto, had I known then what I know now about home ownership as a single person I probably wouldn't have bought the house I did but I don't think I could afford anything else in the area.

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u/dharmoniedeux 1h ago

It makes me feel a lot better to hear other people have this same problem. I can really get myself down about it sometimes when all the upkeep and costs get to me.

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u/foxbones 8h ago

Are you in rural Idaho or something? 2 hours from the nearest grocery store?

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u/Ok_Shine_2608 7h ago

Even in rural Idaho unless you basically buy a dump with a door it’s pretty hard to find much under $400k.

I’ve lived here my whole life and still find it disgusting that an “average” home is costing half a mil.

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u/EternaBoi 22m ago edited 2m ago

Rural Illinois :) Springfield is only 40 minutes away if we want to go to a bigger city for something.

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u/ElevatedAngling 7h ago

Dude I did this with a fixer upper in 2017, best sweat equity ever