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Updated about 10 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Frank Meyer
  • Niagara Falls, NY
1
Votes |
15
Posts

Should I wait

Frank Meyer
  • Niagara Falls, NY
Posted

Im stuck on wether I should make the plunge now or wait another 2 years until I'm ready to buy my own home. Im 22 years old still living at home and paying barely anything for rent. I refinished my parents basement and am comfortable staying here another two years. If you were me would you keep saving your money and eventually buy a multi and house hack or would you invest while your still at home? I have the funds to go conventional but it will pretty much wipe me out for the area I'm looking to buy in. I have no debt, trucks paid off, quad, etc. The reason I'm thinking about waiting is id like to go FHA so I can keep some reserves. What would you do?

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