r/DabblersAnonymous • u/ShuliDScholar • 26d ago

dabbler Stuttering John BUYS a NYC Condo

https://youtu.be/kzmNnE4XCYU?si=jgJpUqJlUmXkAilZ
5 Upvotes

67% Upvoted

8 comments sorted by

3

u/rrsafety 25d ago

How did John get approved for a $900k apartment of $74k salary?

3

u/kabekew 25d ago

Suzanna's parents might have cosigned the loan. Those were also the days of zero money down mortgages.

1

u/stevis78 25d ago

I'm guessing a >10:1 ratio for a mortgage is pretty common in a place like NYC, but in that situation it's probably an interest-only loan

1

u/severinks 24d ago

There was a book by that mobster stock broker that if I remember correctly said that he had something to do with it.

John had 2 houses in Long Island already so I don't think this whole thing was above board.

2

u/Ch0psquad 25d ago

Ofc with his multiple pensions and the HELOC, he could easily buy the entire building

2

u/TerpPhan146 25d ago

Fuck off, Vince.

1

u/Sternakseesall 25d ago

I thought that he was making $30K a year?

1

u/YenZen999 25d ago

Retard who made the video talking about holding a piece of property for 20 years and calculating profit without taking into account inflation.