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Thread: New!!!

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    Default New!!!

    Hello everyone!!! Im Bambola new in this site ,i was stripper for one year five years ago,after i was married and no working only studing and now im divorced and im into camming!!!! I star four months ago in SM and now im glad i find this forum,i have now 1100 favorite me in SM is that´s normal for 4 months?? I would like to buy a condo the price is 200.000$ in how many time is possible saving this money doing camming every day and maybe other work? I dont know maybe also escort?

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    Default Re: New!!!

    Hi and welcome - sounds like you are doing well

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    Default Re: New!!!

    well buying a condo you need a down payment is that the down payment amount of the cost price your looking to buy.

    For 4 months and that many favorites that is pretty good, the key is being online regularly and see if you can build up a regular income then save something towards your condo.
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    Default Re: New!!!

    Getting a bank loan will require quite a bit of proof that you have solid work. Two years is a general minimum. I'm sure Melonie will chime in on this. welcome to camming.

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    Default Re: New!!!

    Thank you!! Well i cant get loan i want pay all with savings....this is why i asking how long time i can saving this money doing webcam... ¿? Working hard and every day....

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    Default Re: New!!!

    Taking taxes into account it would take several years of earning several hundred a day on top of what you need to survive. You'll probably want to invest some of it (disclaimer: I know exactly nothing about investing, all I know is that my family drilled it into my head that you don't leave large amounts of money sitting in a savings account.) Not including taxes (because that is too much math for my pre-coffee brain), $200,000 would take about $548 in savings every day for 1 year, about $274 for 2 years, $182 for 3 years, etc. Again, this would be on top of what you need to keep yourself afloat. With several years of income anywhere near that it shouldn't be difficult to get a loan and you could probably put down about $40k as a down payment. Then you would be able to save on rent and start paying off your mortgage sooner.

    Basically (speaking as someone who admittedly knows nothing about financial things) it would probably be a smart move to get a mortgage, unless you're doing very very well for yourself.

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    Default Re: New!!!

    Quote Originally Posted by Procrasturbator View Post
    Taking taxes into account it would take several years of earning several hundred a day on top of what you need to survive. You'll probably want to invest some of it (disclaimer: I know exactly nothing about investing, all I know is that my family drilled it into my head that you don't leave large amounts of money sitting in a savings account.) Not including taxes (because that is too much math for my pre-coffee brain), $200,000 would take about $548 in savings every day for 1 year, about $274 for 2 years, $182 for 3 years, etc. Again, this would be on top of what you need to keep yourself afloat. With several years of income anywhere near that it shouldn't be difficult to get a loan and you could probably put down about $40k as a down payment. Then you would be able to save on rent and start paying off your mortgage sooner.

    Basically (speaking as someone who admittedly knows nothing about financial things) it would probably be a smart move to get a mortgage, unless you're doing very very well for yourself.
    Of course you are right .but im from eslovaquia and here they dont give me a loan for buy condo in other country..... this is the problem.... so i dont know what can i do,i want to buy for invest

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    Default Re: New!!!

    I don't know your property market, but surely if you want to buy outright with savings, you could invest in something worth less than 200k , and work your way up.....

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