SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 21 days agoLandlord wants tenant to assume 11k/month mortgage on Penthouse. Tenant currently paying 6k/month rent.lemmy.worldimagemessage-square6fedilinkarrow-up18arrow-down12
arrow-up16arrow-down1imageLandlord wants tenant to assume 11k/month mortgage on Penthouse. Tenant currently paying 6k/month rent.lemmy.worldSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 21 days agomessage-square6fedilink
minus-squareAbidingOhmsLawlinkfedilinkEnglisharrow-up10arrow-down2·21 days agoSo the landlord is loosing 5k a month? No wonder they want to sell.
minus-squarehemko@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up8·21 days agoNot really losing. They just have a tenant paying half the loan. The owner gets free 6k a month for their investment in the house. Also wtf 6k a month rent???
minus-squareXIIIesq@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-221 days ago Also wtf 6k a month rent??? That’s the bit that got me. At first I was like, 6K per year rent? Although 11k is going to be a shock it’s not extortionate, especially for a penthouse!
So the landlord is loosing 5k a month? No wonder they want to sell.
Not really losing. They just have a tenant paying half the loan.
The owner gets free 6k a month for their investment in the house.
Also wtf 6k a month rent???
That’s the bit that got me. At first I was like, 6K per year rent? Although 11k is going to be a shock it’s not extortionate, especially for a penthouse!