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Jun 3, 2020
12:54:24pm
Soupie Grandma Sycamore
We managed to build our first house in our mid-20's in early 90's for less than $100k but that was b/c FiL was a builder
& donated his labor using his subs. We ended up with nicer than typical for our age but still modest. The next house we built ourselves at 30 y/o we were admittedly embarrassed about having at such a young age. Again, it was partly due to the good down from 1st house then we built it ourselves which saved a lot. Our 2 kids old enough to own homes both bought fixer uppers in their mid-20's with one house being 60 yrs old and the other 80. Both have been great investments because of the location and work they've done on them.
Also know 20-something's who tried to buy too big, too new, too soon and ended up losing it and back in rentals. It's not the age at time of purchase but the expectation and making sure it matches your income.
This message has been modified
Originally posted on Jun 3, 2020 at 12:54:24pm
Message modified by Soupie on Jun 3, 2020 at 12:55:58pm
Soupie
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Soupie
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