solidrecommendations

solidrecommendations t1_jdqo82r wrote

You’re overthinking it and you can’t seem to grasp that you’re asking for way, way more than a signature! You’re asking for someone to guarantee your loan and be on the hook for rent for you. It’s not a reasonable request of a stranger.

Would you co sign a $12,000 loan with a stranger? That’s what you’re asking, at a minimum.

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solidrecommendations t1_jdqme1s wrote

Because you said it costs about the same to live in Kentucky as it does in DC … and I’m saying that as a general statement, that’s not true

Can you live in DC for $3k a month? Sure, but it will be very tight. Not much leftover for going out, etc. Take into consideration that while you may find a better deal on rent at some individual place in DC vs what you’re paying, things like groceries, utilities, taxes, etc. may be significantly higher than where you live.

Anyhow, move to DC if you want. But you’ll be one of the first to do so to save money lol.

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solidrecommendations t1_jdqlhv0 wrote

I’m not confused, I’m just stating that, objectively, DC is more expensive than Kentucky. I can speak to this from personal experience, because I moved to DC from a lower COL area myself. And if you just google the housing costs in Berea vs DC, you’ll see that I’m right.

But I’m not saying you can’t find a place in DC for less than you’re paying in Berea, because I have no idea what your rent is there. And of course in DC you can offset some of the higher living costs by ditching your car, for example.

I’m just making the general observation that DC is, on average, about twice as expensive as Berea as far as COL goes.

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solidrecommendations t1_jdqj45t wrote

The cost of living in DC is about double that of Kentucky

Not saying you can’t do it for less, but it’ll be much harder

You are right that DC is extremely LGBTQ+ friendly, and that’s a great reason to move here - I hope you find the community you’re looking for

Source (yes, I realize it’s a state to city comparison, but you just said “Kentucky”):

https://www.sofi.com/cost-of-living-in-washington-dc/

https://www.sofi.com/cost-of-living-in-kentucky/

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solidrecommendations t1_jdqfxiy wrote

I empathize with your situation, and I believe you, but that doesn’t make your request any less absurd. I’m not commenting to hurt your feelings … I’m doing so to help, believe it or not: the sooner you realize this stranger co-signing plan won’t work, the better. You’re asking for way, way more than a “signature essentially.”

Look for a private landlord, not a fancy apartment. A private landlord probably won’t require a co-signer.

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solidrecommendations t1_jdqf1fz wrote

Oh I have very trustworthy friends! But I can’t afford to pay their rent in addition to mine, so I can’t take on co-signing a loan for them. It’s too big of a risk. Honestly I wouldn’t do it with anyone unless I’m living with them. Go online and any good personal finance blog or website will say basically the same thing. Co-signing seems like a friendly thing to do, but wouldn’t you feel terrible if you couldn’t pay your rent and then your friend had to?

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