Here's my story. I purchased my first home at 23 yrs old in 2012. I was at my job for 7 years. Did make much money. Credit score wasn't the greatest. I was a full time student as well . Only 11$ an hour. I only contributed to my 401k plan for two years because they had some rule about needing to be 21 to contribute. So i do know there are sometimes challenges for young people. I also had a 3 year old daughter at the time and was going threw a break up but i was determined to buy a home. I purchased my home for 89k about 4k down which i did not have. I had to sell my tv and take out a loan. My mindset at the time was paying 100$ less for rent. Having the pride of knowing I own my home. And thinking in the future I could rent it out. i never thought this home was going to be my final residence just an opportunity to learn.
I think that is whats wrong with some young people. They don't think about their future. They think about going Threw the drive threw every day for convenience. i believe to be successful you just have to be determined and make a plan and sacrifice some luxuries we have. It's hard but must be Done. My current situation is finishing School. Take equity out my home to get my next property.
Good luck katie i hope you work towards your goals and get past your frustrations.
