So I’m 26, and I had question about real estate in general.
I work in tech and have been working for 2 years now and have saved like 130k in cash and paid off all my debt, about 70k.
Whenever I talk to people about to use that cash, they either say, get into real estate, or invest.
But went I look Zillow, prices are crazy high, and said I need 400k down payments to afford these homes at a decent monthly payment rate.
I myself make 9.5k a month after taxes, so I can save a decent rate, but I’m curious, do I still have a long way to go until I can buy a home and make these real estate moves? I am also single, and spend 2k a month.
How much cash do I actually need saved?
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source https://www.reddit.com/r/RealEstate/comments/1bswmdy/can_i_make_moves_in_the_real_estate_game_right/
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