₦airaland Forum

One word. Dysfunctional

This is your source? Not even that you’ve actually lived and bought a house in USA?

Like I said again. Forgive me

orunmila144:
ahn ahn look at this geh ( as i open mouth llike brodda shaggi ), oya click that link now https://www.estately.com/blog/2013/11/10-detroit-houses-you-can-buy-for-less-than-1000/

Lol. Forgive me for arguing with you.

orunmila144:
are you seriously asking how he wants to buy house and collect rent ? all these indians who come from india with 50,000 dollars in their hand go to michigan and on the first day they buy up a whole street with cash. now indians nearly own all of michigan. if you havve cash they will sell house for you cash down in america whhether you have papers or not. those houses in detroit are selling for 2000 each but you can rent them out and get 500 dollars a month in rent. there are many partsof america where you can buy a whole house for less than 2000 dollars. you do know that now dont you ?

You must be joking with me right now Wow: see who I’m arguing with. I’m wowed. for a minute I thought I was talking with someone who knew what they were on about.

Please Nairalanders in the USA. Where are they selling whole houses cash for $2,000?

I need like 50 houses. Wow. I’m stunned.

Okay let me educate you. A decent house with 3-4 bedrooms in a decent area costs around 250-300 in the average state. Nothing luxurious. Just a good house with decent backyard space. If you’re in Florida, you might get a small swimming pool included in a 300k house. Don’t think about it if you’re in California, Seattle city or New York. I’m a Seattle baby.

If you have 60k for example, with good credit history and good job that pays no less than $3,000 monthly (ideally should be earning more in order to comfortably afford a house), you can find a bank that will give you a loan and you pay down payment of 10% which is $30k for a house that costs 300k. Then you pay monthly mortgage until you pay it off or sell it to another buyer (May or may not make profit) but you get your down payment and most of the money you put into the house back. You might lose money if the market is crashing but I digress.

With 60k you can get like two of such houses and then when you collect rent, you pay the bank their mortgage and then take the profit. Say your mortgage is $1,800 a month and you’re charging your tenant $2,300 for rent, you only make $500 in profit. Multiply by two and you’re making $1000 in profit. This is a very decent profit for an establish person with another source of income.

As a new immigrant with no history and no job, let’s say a bank magical agrees with give you a loan for a house or houses (which they won’t) , without another source of income, he can’t get by.

In summary, 60k is good money in the hands of someone who isn’t going to be dependent on it for day to day living. That way they can invest it and make profit. If he doesn’t get a job ASAP, the money will be gone in the wind by the time he’s done with his expenses. Even as a single person without family .

orunmila144:
ok all the expenses you put up there is for an established family. the guy will be going solo and will not be dealing with childcare and all that espense you put up there, and secondly who needs credit or mortgage to buy a house cash down ? thats what all these indians do when they go to detroit, they buy a whole street with less than 60,000 dollars. the street has like 30 houses and each house is selling for like 2000 each so with 60,000 dollars you buy the whole street and rent all 30 houses out. who is talking about mortgage or credit ? CASH BABY
and i stand by my point that 60,000 is a huge amount in america. at least white people who know the value of money will backk me up on that but you delusional nigerians who dont know the value of money and who all want to be the next dangote will think its small money. but its all in your mind. 60,000 will change any mans life in any country on this globe. its big money

I’m starting to think that. Nairalanders like this type of thread

Fortune109:
Another promotional thread

orunmila144:
not everyone in the USA has papers to do legiit work. you do know that dont you?

I’ll assume he’s planning on legal migration.

If not then his 60k is even less than what it would be worth at all if he’s legal. Because illegal migration means he can’t even get any benefits at all. Even Subsidized health insurance that low income earners get and they force the rest of us to pay into (topic for another day).

But Tell me again how he wants to buy house and collect rent

That’s why I don’t do these abroad versus naija threads. Too many airy argument

orunmila144:
and how many people in the USA have 60,000 dollars in their bank account ? less than .001 percent of the population. why do you nigerians have this penchant for talking big all the time ? its getting sickening. 60,000 dollars is a big amount for anyone to have in the USA. you can buy several houses in detroit or arkansas with 60.000 and start collecting rent from like 20 tenants

Having money in your bank account doing nothing is different from having it be your source of livelihood.

For an immigrant without a job and maybe a family. Who needs to pay rent or mortgage, pay for vehicle/s whether cash or financed, health insurance, feed himself and feed his family, pay kids either daycare fees or school supplies (I could go on) that money will disappear in no time. So he doesn’t really have it in his bank account. Versus in Nigeria where it’s truly in his bank account.

My advice is sound.

Him and his partner (if he has one) need to find a job as soon as they get to the USA that will give them steady income and cover health insurance. That’s the only way he can say he has such money in his bank account.
If it’s his money for sustaining himself when he travels, then it’s money in the wind.

I wonder why you’re upset.

If Americans don’t have 60k in their bank account, they have a job that pays the equivalent or more of that so their case is different from his case.

Buy several houses indeed .
With no credit history and no backing? So only the down payment is what home sellers want right?
You realize the rent will have to pay for the mortgage since his 60k can only cover down payment. And then what? Where’s the source of sustenance? The $400 he will make in profit after paying the bank their mortgage.

The only person buying a house or houses with 60k is someone who already lives in the USA, has a job and a credit history and can afford to only get the profit in addition to his or her full time job. Not a new immigrant.

So it’s really nothing in his situation. Calm down

lakeside79937:
Stay back in nigeria honestly you might not be able to raise 20m naira in the USA for 10 years if you are working Yahoo Yahoo is tight in the usa now and if you are caught for fraud they will deport you straight away the usa has changed now bros .

Very funny. If you’re in the USA and you’re saying this, all I can tell you is to get out of a dead career field and go into something that pays.

OP also note than some states have lower cost of living than others. Factor that into your decision

omoadeleye:
You can stay in Nigeria and still be traveling to USA anyhow with the money...

After a few trips and expenses, the money will be gone. And he will be back to square one

9JAFULLBREED:
Who told u 20m is nothing abroad?

It really isn’t. He will need a job or have good investment plans to make the money work for him otherwise it will disappear in less than a year.

That’s like an average annual paycheck in the USA (note: Average not high).

But if you manage it well, it can sustain you and a family of 2-3 kids (who definitely do not need daycare services) for a period of 6-8 months. That’s with everything included. But it will be a stretch unless you or your partner try to get a job right away to in order to supplement it and especially to get a good or average health insurance in case of health problems .

So do you calculations well and see how it favors you or not.

3 years of no sex? Who are you both having sex with?

What does your husband think about the separation?

What does he think about the marriage in general? I can’t imagine he’s happy with 3 years of no sex with you

Agreed. except that The Rhesus factor matters only if mom is rhesus negative.

But it’s funny how people take pregnancy and childbirth so lightly. Having a child can literally kill you.Ignorance is bliss though.

Once you learn in detail the physiological happenings occurring in the woman’s body as another person is in the process of being made inside of her, you just don’t look at pregnancy and child bearing as a simple thing.

TheArchangel:
1.5m with all the dangers associated with pregnancy and birth not to talk of C-section.

1.5 m for pregnancy induced conditions you will never know you have until you are pregnant.

1.5m for all the unforeseen labour and puerperal complications which may arise. Based on the fact that Nigerians cannot be trusted, once the baby is out and she develops complications, there is a 100% chance that the lady will be left to her fate as the baby's parents will prefer her dead so that she will not come back to forment trouble or milk them dry.
1.5m should in case in the process of birth, there is a need to remove the womb cos of complications?
1.5m, when she will continue to have C-section as medical experts do not advocate for vaginal birth after C-section. Do note that most surrogate pregnancies ends in C-section.

Are we talking artificial insemination or good old procreation method? 1.5m to be touched and prodded by God knows what.?
And what if the sperm is swimming around without a Rhesus factor thereby exposing the surrogate mother to a life time agony of dealing with rhesus isoimmunisation and incompatibility. A lifetime of not being able to have a child of her own


This is a poor business deal. Ladies donate their eggs for a price close to this amount talk more of the whole deal.
7.5m will be OK.
2.5m for the surrogacy and treatment of any unforeseen pregnancy related ailments.
2.5m to keep quiet and disappear.
2.5m to establish a business.

Interesting

WetSmoke:
Funny enough I don't. It can't even pass through my throat without me throwing up.

Aliyahsrecipes:
It's been a while....Happy Friday, Nairalanders!



Beautiful dish to start the weekend.�
Plain rice and locust beans stew.

welcome back With all your pretty pictures

Akposy:
Please manage this my homemade bread and sausage bread. Thanks again

Your bread making skill is so pleasing to the eye

content208:
Too much use of relaxer has a way of making many women talk and act dumb.

Right?

Must be relaxer fueling all this nonsense talk on this thread . Hehehe

What in the world?

AgbenuAnna:
Meat pie to snack on
@ cococandy I finally bought the tray since it wasn’t expensive (#800 got this size my oven can carry)

Enjoy

As long the excuse is acceptable to him when his wife wants a side dude , then all’s good.

Mariangeles:
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

pocohantas:
Hhaahahahahahaha. Nice one!!!

Look at these spoiled children

pocohantas:
Lol. I am a teetotaler. No drop of alcohol in my system. Give me the virgin version.

Ugh party pooper. Okay maybe someone will have the virgin version for you. That’s called a fruit punch. mix of different fruit juices.

Me I only know the olosho version. I might need to spoil you small

She spoil am by even telling you

pocohantas:
Looks very sweet. Hope e no get alcohol @ drink responsibly?

Why e no go get alcohol?

The Cabernet is a type of red wine. Not the sweet kind that’s why I used it to make a sangria.

Chatbot1234:
yam and egg

I don’t know if there’s anybody who doesn’t like this combination

pocohantas:
Coco inspired this.

Rice and gizdodo.

Here’s some homemade sangria to enjoy with that.

(Cabernet Sauvignon, red apples, orange and cranberry juice).

Drink responsibly

Prestonn:
Really... i can't wait to have mine

Good luck though.

Amorprincesa24:
Thank you so much for this.

you’re welcome

Nigeria needs to be clear on her laws

I like that he remembers his people. That’s cool