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Reply to "What Age Should You Buy By?"
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[quote=Anonymous]We bought our first SFH in 2008, 1hr15 minute commute from DC for 475k, our down payment was only 15k. We sold it 11 years later for 650k and bought a house in Bethesda in 2019 for 1.3mil at a 2.5% rate ( refinanced in 2020). My point is just to share that you have to pull the trigger and take some calculated risks, no situation will ever be perfect. If I were you then I would get on the property ladder sooner rather than later. We have friends who kept on waiting for bigger down payment and ended up paying higher prices as well as higher rates. There is a cost to every decision, the only way you will find out is by rolling the dice. Good luck![/quote]
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