I'm turning 25 this year and hopefully building a house with my girlfriend. I'm getting a mortgage of around 450k with a 40k deposit and government grants of 35k to go towards construction, it seems like the right time to buy,
Hoping to use it as an investment property later down the track, And then build my dream home.
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07-17-2020, 04:46 AM #1
- Join Date: Nov 2013
- Location: Melbourne, Victoria, Australia
- Age: 28
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At what age did you get your first house?
What we do in life echoes in eternity
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07-17-2020, 04:57 AM #2
- Join Date: Oct 2008
- Location: Falls Church, Virginia, United States
- Posts: 35,109
- Rep Power: 260541
26, 30 now, hopefully getting my second house before I turn 31.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
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07-17-2020, 04:59 AM #3
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07-17-2020, 05:09 AM #4
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07-17-2020, 05:12 AM #5
19 but technically with mortgage fraud
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07-17-2020, 05:12 AM #6
No house yet, I'm 25. Paid off my student loans, paid off a modern car, now I'm just saving + investing. Plan is to start looking into real estate at around 27 or 28, buying a $300kish home with 20-30% down. Contingent on a lot of things, like job stability and income growth, but I think it's doable. I'm particularly interested in Texas / Colorado areas, and building a new house (potentially in a planned living neighborhood, extra deals that way).
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07-17-2020, 05:13 AM #7
- Join Date: May 2010
- Location: New York, United States
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I'm about to start looking for a home again, and I will have one within a year, so I'll be 26. I was about to buy one at 25 but then stuff happened,
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07-17-2020, 05:14 AM #8
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07-17-2020, 05:16 AM #9
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07-17-2020, 05:18 AM #10
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07-17-2020, 05:21 AM #11
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07-17-2020, 05:28 AM #12
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07-17-2020, 05:34 AM #13
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07-17-2020, 05:34 AM #14
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07-17-2020, 05:35 AM #15
First house @24, on second house now at 31 and also have a investment property (was wife’s before getting married). Best thing I did was buying a starter house, made enough equity to have a solid down payment and enough to buy furniture etc for my second house. First was 1500 and current is 3600 sq ft . Furniture is expensive and so are all the moving expenses, you def want to be ready for that.
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White Claw Crew
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07-17-2020, 05:39 AM #16
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07-17-2020, 05:47 AM #17
- Join Date: Oct 2008
- Location: Falls Church, Virginia, United States
- Posts: 35,109
- Rep Power: 260541
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07-17-2020, 05:50 AM #18
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07-17-2020, 05:53 AM #19
- Join Date: Feb 2013
- Location: East Coast, Australia
- Posts: 20,589
- Rep Power: 397575
Finished construction on first house at age:19
Now own 6 and looking to build 4 more starting next yearBy reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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07-17-2020, 05:55 AM #20
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07-17-2020, 06:01 AM #21
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07-17-2020, 06:04 AM #22
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07-17-2020, 06:11 AM #23
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07-17-2020, 06:15 AM #24
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07-17-2020, 06:16 AM #25
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07-17-2020, 06:24 AM #26
- Join Date: Jan 2010
- Location: Paducah, Kentucky, United States
- Posts: 8,878
- Rep Power: 89432
I purchased my first house at 25, and I am on house number 4 now, no mortgage.
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07-17-2020, 06:30 AM #27
Just bought a first one at 29 but it’s a duplex and already have a tenant. I would have done it sooner but was previously was in the Bay Area my whole life and LOL at affording a house there.
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07-17-2020, 06:38 AM #28
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07-17-2020, 06:44 AM #29
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07-17-2020, 06:47 AM #30
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