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Updated almost 9 years ago on . Most recent reply

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Tenzin Sherap
  • Brooklyn, NY
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Money is the problem!

Tenzin Sherap
  • Brooklyn, NY
Posted
Hello BP, so I'm 19yr old and I want to buy my first single family house quick!(like every starter). I'm saving but by looking at the pace, it looks like it'll take forever! So what can a 19/yr old do buy his first single family house? Btw I'm getting educated on RE everyday!

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,066
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Dont feel too bad.....that is the same problem many people run into regardless of age.  A couple thoughts are to live as cheaply as you can.  Got cable? Cut it. (Though most people I think 35 and under are cord cutters anyways). Get a 2nd job or side job to save some more. If you dont still live with your parents, consider maybe living with them for awhile to save some money. I have a good friend here in my market who is almost 30 who moved back in to save money for a house down payment.

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