I Bought a House That I Now Can't Afford
The Ramsey Show Highlights
Ramsey Network
4.6 • 682 Ratings
🗓️ 8 October 2021
⏱️ 5 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the Ramsey Call of the Day, part of the Ramsey Network. |
| 0:11.5 | Augustine is with us. |
| 0:12.6 | He's in Cortalane, Idaho. |
| 0:15.0 | Hi, Augustine. |
| 0:15.6 | How are you? |
| 0:17.3 | Good. |
| 0:17.7 | How are you? |
| 0:18.2 | Better than I deserve. |
| 0:19.4 | What's up? |
| 0:27.9 | So I'm 21, and I bought a house this January before I turned 21 because I really wanted to, like that was my goal in high school. |
| 0:30.2 | And so I did it, but now work has been really up and down and so every once in a while |
| 0:35.9 | like I'll have trouble making the payments. |
| 0:38.1 | So I want to make extra cash rather than just working. But the house has made about $100,000 |
| 0:45.0 | in equity in the last seven months. So my question is, should I sell it and have more to put |
| 0:51.4 | down on a regular down payment, like a bigger down payment on a different house |
| 0:55.1 | or like use it as an Airbnb style or something else like that. |
| 1:02.6 | What do you do for a living? |
| 1:05.1 | I work on elevators. |
| 1:08.5 | What's your extra job? |
| 1:11.6 | I was working at a marina for a second job when it was slow. |
| 1:18.3 | Now works picking back up, so I'm making, I make 38 an hour right now at the elevator |
| 1:25.8 | job, which is like it's a good job, but it's just |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.