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Started By
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re: How old were you when you became a homeowner?
Posted on 11/6/24 at 8:20 pm to SaintlyTiger88
Posted on 11/6/24 at 8:20 pm to SaintlyTiger88
26
Posted on 11/6/24 at 8:21 pm to SaintlyTiger88
24 It was1994 and a $90K loan at 7% was $690/mo,
Posted on 11/6/24 at 8:33 pm to SaintlyTiger88
(no message)
This post was edited on 7/24/25 at 9:47 am
Posted on 11/6/24 at 8:37 pm to SaintlyTiger88
24. Two bedroom house, less than 1000 sq ft.
Posted on 11/6/24 at 8:41 pm to SaintlyTiger88
24 years old in 2004. House was $69K.
Got qualified for $19K in down payment assistance because the great state of MS didn’t pay me shite for working for them. Year later, Katrina wiped the house away and I profited and moved to the country.
Got qualified for $19K in down payment assistance because the great state of MS didn’t pay me shite for working for them. Year later, Katrina wiped the house away and I profited and moved to the country.
Posted on 11/6/24 at 8:45 pm to SaintlyTiger88
38
I got in right before the market went insane. Not because I'm smart, it just lucked out that way. And the reason I didn't buy earlier in life was because I was still mobile, single, mid-income, no reason to marry a house. Just rented.
I got in right before the market went insane. Not because I'm smart, it just lucked out that way. And the reason I didn't buy earlier in life was because I was still mobile, single, mid-income, no reason to marry a house. Just rented.
Posted on 11/6/24 at 8:49 pm to SaintlyTiger88
25, my dad was a carpenter when I was growing up. He always promised me he would help me build my first house. Lived in a trailer for 3 years then built a starter home. Financed $112k in 2004 for a 1,700 sf build off Hoo Shoo Too.
Posted on 11/6/24 at 9:10 pm to SaintlyTiger88
30. $189,000 2 bedroom, one bath 1250 sq ft 1930s cottage in Old Metairie. Immediately added on to make it a 3/2 1800 sq ft. A few years and another kid later added on again to make it a 4/3 2400 sq ft with new kitchen and cathedral ceiling den with open floor plan. Lived there for 11 years then used the equity to build a larger home on lakefront. Home ownership has been a key for us in building wealth.
Posted on 11/6/24 at 9:12 pm to SaintlyTiger88
24. And it was a true starter home: 2 bedrooms, 1 bath.
Posted on 11/6/24 at 9:21 pm to SaintlyTiger88
29, when my dad passed (mom passed five years earlier) and, being the only child, I inherited the house in which I was raised.
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