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[quote=Anonymous][quote=Anonymous]I still kick myself for not buying in 2012 with a 3% FHA loan. I had just finished grad school, had a stable job, student loan payments, and a small downpayment. I foolishly thought I needed to save for 10-15% downpayment.

That was so dumb. I shoulda just bought a small rowhouse or 2-3 unit with 3% down and got some roommates/tenants. Stupid stupid stupid.

We have a house now that appreciated nicely, but clearly would’ve been better to just buy right after the fallout of the financial crisis[/quote]

We are in a condo that has not appreciated, and very much kick ourselves for not buying a tiny 700 sq ft row house with 5% down back in 2009 or so. We would have been able to make like 200k off it within 10 years, and could be in a house that would serve our family for the next 20 years and beyond. Instead we are stuck in a condo and even if we could get 200k in equity out of it (we can't) it wouldn't be enough to afford anything in this neighborhood (not even larger condos), even when coupled with savings.[/quote]

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