But imagine what the prices were back in 1997 and what they are now.As a real example, I bought a 2 family in Windsor Terrace, Brooklyn, for $140k and only $21k down and closing costs of $6k back then.That same property can sell for $1.1 MillionI know it's incredibly difficult to buy NYC properties for the average person.However, with the right partners, anything is possible.I tend to write a lot about my Strategies here in BP.

@Jeff Rice Congrats Jeff!

I built a secondary suite in our bungalow in Terrace Heights 2 years back and just finished renovating the upper unit where we live.

People told us we were crazy buying our 81 unit on Terrace, well,,,,,,  whos crazy now. 

jay I saw this this morning and have already put our STVR up for sale...I'll be buying guns and bullets ad rice and stashing it for the apocalypse!

While we are not eating on beans and rice now, we are curious what people's thoughts are on "Starting Out" while having student debt.We currently have a plan in place that we are following to get out of SFH and into four-plex to house hack then do our debt snowball.Would love to hear if anyone else had similar stories or their PO.Mike

The house I purchased is in a row of streets with terraced houses that are all constructed in the same way, some have sold for £300-350k, the average price is £250k however because many of the houses are in need of modernisation.

Projected: New furnace, A/C, wiring, all new flooring, new windows, total kitchen replacement and move walls, total bathroom replacement and change the doorway direction to maximize room, Lift porch (mud jack) to level and cover with outdoor tile, landscaping and terrace the back lawn, new roof for the garage.

I actually come across a lot of off market deals in the Seminole Heights and Temple Terrace areas.

@Kristen Paquette  Following the "beans-and-rice" Dave Ramsey plan served me well.