Real Estate advice for 21 year old

Hi all!

Long time lurker but just wanted to hear some opinions. I’m very fortunate to be in a position where I have about $250k invested in stocks and such but I’m interested in buying a home in the Dallas/Plano/Frisco area. I just need some advice… I make about $90k gross at my FT job and was thinking of buying a home in the ~$650k range with a 30yr fixed mortgage. Would you recommend I continue living in my apartment for the next few years to hopefully grow my $250k into a bigger number (for a bigger down payment and a bigger house etc). Or, take the opportunity and use some of the money I’ve invested (around $200k) to put into a down payment for my house in the next 3-6 months. Thank you all!

submitted by /u/taco513667
[link] [comments]

Hi all! Long time lurker but just wanted to hear some opinions. I’m very fortunate to be in a position where I have about $250k invested in stocks and such but I’m interested in buying a home in the Dallas/Plano/Frisco area. I just need some advice… I make about $90k gross at my FT job and was thinking of buying a home in the ~$650k range with a 30yr fixed mortgage. Would you recommend I continue living in my apartment for the next few years to hopefully grow my $250k into a bigger number (for a bigger down payment and a bigger house etc). Or, take the opportunity and use some of the money I’ve invested (around $200k) to put into a down payment for my house in the next 3-6 months. Thank you all! submitted by /u/taco513667 [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!

Generated by Feedzy