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Message
re: Questions About Buying House
Posted on 9/7/13 at 3:50 pm to cberni1
Posted on 9/7/13 at 3:50 pm to cberni1
quote:
I know thats ideal but how realistic is it for a first time home buyer to come up with 20k on a 100k house which will likely be a dump. I never could see how that all worked out for younger people starting out, like myself.
Extremely realistic. We did it on one income with one of us still in school. That house subsequently doubled in value in 7 years. Had the next house halfway paid off with the proceeds from the sale of the first.
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