# New House

**URL:** <https://forums.speedlife.net/t/new-house/220389>\
**Category:** NYSpeed Off Topic\
**Created:** [February 10, 2012, 1:37am UTC](https://forums.speedlife.net/t/new-house/220389 "2012-02-10T01:37:01Z")\
**Posts on this page:** 20\
**Page:** 3

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**Author:** ![Minglor](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/minglor/32/7373_2.png) [@Minglor](https://forums.speedlife.net/u/Minglor)\
**Post date:** [February 10, 2012, 10:21am UTC](https://forums.speedlife.net/t/new-house/220389/41 "2012-02-10T10:21:27Z")

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> [@LZ](#):
>
> Can I come over with a case of beer and park my camaro on your lawn???

This sounds like a party.

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**Author:** ![Haenszel](https://avatars.discourse-cdn.com/v4/letter/h/e68b1a/32.png) [@Haenszel](https://forums.speedlife.net/u/Haenszel)\
**Post date:** [February 10, 2012, 10:38am UTC](https://forums.speedlife.net/t/new-house/220389/42 "2012-02-10T10:38:07Z")

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Wow. That is gorgeous.

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**Author:** ![MrSmith](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mrsmith/32/5254_2.png) [@MrSmith](https://forums.speedlife.net/u/MrSmith)\
**Post date:** [February 10, 2012, 11:30am UTC](https://forums.speedlife.net/t/new-house/220389/43 "2012-02-10T11:30:23Z")

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Very nice congrats… Any issues getting approved for a second house or no because of baller cash down/w2?

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [February 10, 2012, 11:33am UTC](https://forums.speedlife.net/t/new-house/220389/44 "2012-02-10T11:33:15Z")

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I think banks are a bit more lenient with the loan process if you can prove the rental income is solid on the investment property. That’s hearsay, though.

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**Author:** ![Jim1234664](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jim1234664/32/7438_2.png) [@Jim1234664](https://forums.speedlife.net/u/Jim1234664)\
**Post date:** [February 10, 2012, 1:11pm UTC](https://forums.speedlife.net/t/new-house/220389/45 "2012-02-10T13:11:26Z")

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> [@boardjnky4](#):
>
> I think banks are a bit more lenient with the loan process if you can prove the rental income is solid on the investment property. That’s hearsay, though.

not hearsay, 75% of rental income counts towards your income as long as you can show it on 2 years of taxes.

for a conventional (fannie and freddie) mortgage that is

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**Author:** ![Mr\_T](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mr_t/32/7454_2.png) [@Mr\_T](https://forums.speedlife.net/u/Mr_T)\
**Post date:** [February 10, 2012, 1:49pm UTC](https://forums.speedlife.net/t/new-house/220389/46 "2012-02-10T13:49:25Z")

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Beautiful home man.Damn im jealous I need to grow up and move on to something like this soon

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**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\
**Post date:** [February 10, 2012, 2:48pm UTC](https://forums.speedlife.net/t/new-house/220389/47 "2012-02-10T14:48:30Z")

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Nice. Wouldn’t mind checking it out sometime soon. Looking at a place from the '20s tomorrow.

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [February 10, 2012, 5:38pm UTC](https://forums.speedlife.net/t/new-house/220389/48 "2012-02-10T17:38:53Z")

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Doesn’t look that nice… Jk! :tup:

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**Author:** ![Scott](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/scott/32/7603_2.png) [@Scott](https://forums.speedlife.net/u/Scott)\
**Post date:** [February 10, 2012, 6:01pm UTC](https://forums.speedlife.net/t/new-house/220389/49 "2012-02-10T18:01:47Z")

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nice score neighbor

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**Author:** ![Jam](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jam/32/7235_2.png) [@Jam](https://forums.speedlife.net/u/Jam)\
**Post date:** [February 10, 2012, 7:27pm UTC](https://forums.speedlife.net/t/new-house/220389/50 "2012-02-10T19:27:55Z")

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This is awesome. Love the exposed brick in the kitchen, and obv the fireplace in the bedroom

Turn of the century houses rule, the house I grew up in was built the same year, but a few miles south

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**Author:** ![sobo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sobo/32/5267_2.png) [@sobo](https://forums.speedlife.net/u/sobo)\
**Post date:** [February 10, 2012, 7:47pm UTC](https://forums.speedlife.net/t/new-house/220389/51 "2012-02-10T19:47:16Z")

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It’ll look better when there is a set of rubber marks running from the garage and out to the street drifto style.

ohhhhhhh waittttttttt. 😉

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [February 10, 2012, 9:24pm UTC](https://forums.speedlife.net/t/new-house/220389/52 "2012-02-10T21:24:28Z")

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Thanks again guys.

On the rental property and approval thing I would check with an agent to be sure. I just gave them a copy of the lease. IIRC Jim is right that they take 75% of the lease amount and apply it. The entire process was very smooth. MUCH better then when i bought a house in 08.

> [@MrSmith](#):
>
> Very nice congrats… Any issues getting approved for a second house or no because of baller cash down/w2?

No problems

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**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\
**Post date:** [February 10, 2012, 9:29pm UTC](https://forums.speedlife.net/t/new-house/220389/53 "2012-02-10T21:29:06Z")

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Lookin good.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [February 11, 2012, 6:57am UTC](https://forums.speedlife.net/t/new-house/220389/54 "2012-02-11T06:57:47Z")

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Love it :tup:

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**Author:** ![Coldaccord](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/coldaccord/32/7272_2.png) [@Coldaccord](https://forums.speedlife.net/u/Coldaccord)\
**Post date:** [February 11, 2012, 7:40am UTC](https://forums.speedlife.net/t/new-house/220389/55 "2012-02-11T07:40:42Z")

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very nice bud, very nice

party?

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [February 12, 2012, 2:52am UTC](https://forums.speedlife.net/t/new-house/220389/56 "2012-02-12T02:52:12Z")

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We can just have parties at my other house. New tenant won’t mind. 🙂

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**Author:** ![nytalonTSi](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nytalontsi/32/5399_2.png) [@nytalonTSi](https://forums.speedlife.net/u/nytalonTSi)\
**Post date:** [February 12, 2012, 6:08am UTC](https://forums.speedlife.net/t/new-house/220389/57 "2012-02-12T06:08:04Z")

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Nice house. The interior is awesome.

Congrats on the purchase!

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**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\
**Post date:** [February 12, 2012, 6:50am UTC](https://forums.speedlife.net/t/new-house/220389/58 "2012-02-12T06:50:28Z")

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> [@cougarspeed](#):
>
> We can just have parties at my other house. New tenant won’t mind. 🙂

ffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

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<div class="post-metadata">

**Author:** ![psychopjv](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/psychopjv/32/7251_2.png) [@psychopjv](https://forums.speedlife.net/u/psychopjv)\
**Post date:** [February 12, 2012, 10:20am UTC](https://forums.speedlife.net/t/new-house/220389/59 "2012-02-12T10:20:15Z")

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\<3 Drew. Very good job on the property pick up. I believe I have delivered pizza to this house a few times when i worked for Bob and Johns.

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**Author:** ![LUKE\_L](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luke_l/32/7462_2.png) [@LUKE\_L](https://forums.speedlife.net/u/LUKE_L)\
**Post date:** [February 13, 2012, 6:34am UTC](https://forums.speedlife.net/t/new-house/220389/60 "2012-02-13T06:34:20Z")

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Great house man…congrats to all you have done in recent years (College, Car, Job, House, etc…)…It’s funny, you do exactly what you do when I asked you “What do you do for a living?” :tup:

What ever happened to the Impala?

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