arnold layne Posted July 18, 2014 Share Posted July 18, 2014 At what age did you have your own house and how long did you have it for? Would you have done things differently? Quote Link to comment Share on other sites More sharing options...
AxlisOld Posted July 18, 2014 Share Posted July 18, 2014 Bought at 24, I had perfect credit and 20% down. 29 now and I wouldnt change a thing. Quote Link to comment Share on other sites More sharing options...
Gracii Guns Posted July 18, 2014 Share Posted July 18, 2014 No. I rent whilst I'm saving up for a deposit. I've figured that I'll have enough in 8 years time to make a minimal deposit. Quote Link to comment Share on other sites More sharing options...
Johnny Drama Posted July 18, 2014 Share Posted July 18, 2014 No keep running into bullshit. I should have had a house of my own about a year and a half ago. I reckon I'll just save another 1.5 years. I'm thinking something maybe 800Kish. Quote Link to comment Share on other sites More sharing options...
Dazey Posted July 18, 2014 Share Posted July 18, 2014 Not yet but I reckon that if I start saving in a couple of months I should have a deposit together by the end of next year. Quote Link to comment Share on other sites More sharing options...
Orsys Posted July 18, 2014 Share Posted July 18, 2014 Bought and paid off my house at 30. It had a really big yard and after a few years I felt like it owned me so I sold it. I think it was the right decision for me. Quote Link to comment Share on other sites More sharing options...
The Sandman Posted July 18, 2014 Share Posted July 18, 2014 I wonder if I'll ever be able to sometimes! Quote Link to comment Share on other sites More sharing options...
Lio Posted July 18, 2014 Share Posted July 18, 2014 Bought a house for the first time when I was 22. I'm currently in my fourth house (sold every time, so I only own one house). I always felt owning a house is a great feeling, but don't hang yourself up on the mortgage. I'd rather live in a smaller house and be able to pay the mortgage, go on holiday, go out etc... than to live in a bigger house and have to count every penny. Quote Link to comment Share on other sites More sharing options...
SoulMonster Posted July 18, 2014 Share Posted July 18, 2014 (edited) Bough my first downtown apartment at 27. After having been with my future wife for about a year I sold and we bought a new apartment outside of the city. When planning our second child we sold again and bought a house with a garden on the outskirts of the city. Recently increased our mortgage to be able to build a garage and do some home improvement/landscaping, which we are doing right now. Edited July 18, 2014 by SoulMonster Quote Link to comment Share on other sites More sharing options...
Iron MikeyJ Posted July 18, 2014 Share Posted July 18, 2014 $150,000 2,300 sq ft bought and paid for (in full) at the age of 30. Realitors shit their pants when you pay cash for houses. Quote Link to comment Share on other sites More sharing options...
Dazey Posted July 18, 2014 Share Posted July 18, 2014 $150,000 2,300 sq ft bought and paid for (in full) at the age of 30. Realitors shit their pants when you pay cash for houses. But you're in Michigan so it's probably worth about $3.50 now eh? 2 Quote Link to comment Share on other sites More sharing options...
Apollo Posted July 18, 2014 Share Posted July 18, 2014 Bought a condo at 25ish..............a house at 30...............and a second house at 36.If I could do anything differently I'd have started buying property at an earlier age. I have a classmate who was smart enough to do that and today he profits about $5,000 a month in rent from two rental units he owns outright. Dude could retire at age 43 and still make $60,000 a year just from his rental units. 1 Quote Link to comment Share on other sites More sharing options...
Axls Rocket Queen Posted July 18, 2014 Share Posted July 18, 2014 I'm named on the mortgage for the flat my parents own in Glasgow, so I guess technically I own that Quote Link to comment Share on other sites More sharing options...
DarkFairy81 Posted July 19, 2014 Share Posted July 19, 2014 Bought my house at 29, husband was 27. Quote Link to comment Share on other sites More sharing options...
AxlisOld Posted July 19, 2014 Share Posted July 19, 2014 Age 29, still have it, what I would have done differently is sold it during the real estate boom when it was worth $50K more than it is now.As long as you're staying in it for a while, enjoy the lower property taxes and wait for the housing market to rebound. Quote Link to comment Share on other sites More sharing options...
Johnny Drama Posted July 20, 2014 Share Posted July 20, 2014 I'm named on the mortgage for the flat my parents own in Glasgow, so I guess technically I own that Yes and all you need to do now is kill them and it will all become part of your empire!MUHAHAHAHA MUHAHAHAHA MUHAHAHAHA MUHAHAHAHA. Quote Link to comment Share on other sites More sharing options...
Jackie Moon Posted July 23, 2014 Share Posted July 23, 2014 i am now 10000% pro renting.i used to think it was a waste of money.i was wrong.buying isnt wroooonnnnnggg but i don't think its a slam dunk good idea. It's circumstantial. Quote Link to comment Share on other sites More sharing options...
Sheri_Rose Posted July 24, 2014 Share Posted July 24, 2014 (edited) Yes. Bought my home at 25 and plan to build onto it and die in it. Due to excellent credit and a high down payment my mortgage is only 650 a month. I see no pointin selling it when I got a great deal on it. My father owns five houses he rents out. Each of us kids will get a house after he passes so I guess I own 2. Edited July 24, 2014 by Sheri_Rose Quote Link to comment Share on other sites More sharing options...
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