Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "If you were born in 1990, how do you plan on ever affording a house?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]We're a bit older, but still millenials. We bought a two bedroom rowhouse, next door to a crack house (literally) in a gentrifying neighborhood (H St NE). We renovated the interior ourselves (no contractors) and sold 6 years later for a hefty profit. We now have a $1.1M house at age 35 with more than 45% equity. We had no financial assistance from parents beyond college tuition help many years earlier. I had substantial undergrad and law school loans that I also paid off myself in that period. Save a down payment and get your toe in the door in a small place in an up and coming neighborhood. Don't be afraid to do some renovations yourself. [/quote] Do not take this advice. The gentrification lottery is over in D.C. The market only goes down from here. [/quote] My point is but a place you are happy to live in just in case it doesn't double in value (it sounds like PP didn't really like the crackhouse next door). [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
