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Decent-Employer4589 t1_j41wupm wrote

First time home buyer assistance, or FHA loans where you don’t need 20% down. Then having no other debt so you can afford the monthly payment lol

COL matters. Bought my first home on the east side of the state with $5000 due to grants, then sold for a profit to buy on the west side.

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Decent-Employer4589 t1_j42ykam wrote

Are you pre approved and/or have a real estate agent? Because Zillow has a bunch of homes under 600 and you’ve just got to comb through for what you want.

Be flexible on area or wants/needs. First house we settled for one bathroom bc we knew we wouldn’t stay forever. It was fine. This second house we “settled” to be farther outside our desired area and I LOVE where we purchased. But it was on the “No” list bc of location until we physically drove around. Beautiful.

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MarmotMossBay t1_j43kewt wrote

We just sold a two bedroom one bath house, that had been our home for 39 yrs. You live where you can afford to. We decided we’d rather live in the city and put our money toward travel and education for our kids rather than live in the suburbs where I grew up.

You’ve got to decide on your own priorities

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VGSchadenfreude t1_j49kfat wrote

“Live where you can afford to” gets a lot more complicated when you’re disabled and have to depend entirely on public transit…

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[deleted] t1_j49ti4x wrote

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VGSchadenfreude t1_j4ct0ou wrote

So disability is a choice now?!

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[deleted] t1_j4cv3su wrote

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VGSchadenfreude t1_j4cw9jy wrote

That doesn’t answer my question:

Is disability a choice?

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[deleted] t1_j4363v9 wrote

Getting a loan is not the problem. Paying off the loan is.

You'd need 10 homes on the east to match one home on the west lol

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Decent-Employer4589 t1_j43dvk9 wrote

That’s why most get a 30yr mortgage and/or find a “good enough” house vs dream house. Or you get down the line and it appreciates in value and you pay off when you sell. Only about 1/3 of people have no mortgage.

As for 10 to 1 - not always. But I hear you. It’s why I relocated for 5 years. Needed capital!

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