180k condo in booming area close to downtown or 85k condo in the suburbs?

I make 150, with no debt (car, student loans, etc), graduated 2021, and want to ensure I can invest and live comfortably. The total payment/HOA difference between the two is $1250 and $550 per month.

I’m thinking the appreciation will be much better in the 180K condo, but I think the 85K condo will allow me to invest in more rentals.

Weirdly enough renting in the same areas would be $1500+ for a smaller place🤷🏽‍♂️

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Would definitely get the downtown condo.

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If your staying more than 5 years then the more expensive real estate.

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Where the fuck do you buy a condo for 85k

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M1 - Yeah, assuming Fairfax (or NoVa), as much as I love DC, for the type of lifestyle I am used to, I couldn’t do it.

However if anyone wants to donate a condo in Rosslyn, Tysons, or Georgetown, I’d be totally down with that😂

Grew up in Great Falls and I miss it.

OP This you?

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funny

It’s after work- 🫠🫠

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These prices make Canadians cry

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A1, it’s not the most welcoming if you DO speak French 😂

likefunny

What do you do to make 150 a year after graduating

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A couple of things, but tech is my day job.

What Would Michael Do

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Most other expenses covered by my job (phone, gym, haircuts-) so my only true expenses are

- Car Insurance
- Groceries

The state is paying my downpayment in the form of a first time buyer grant and the end goal is to build a portfolio to the point where I can pursue something I am more passionate about.

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In tech now haha. Did consulting for around a year and bounced.

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What city are you in?

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*cries in Canadian*

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SOS. Where tf is this place? I spend 85k in rent a year.

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Where? Oh my-
Wow, like that’s a salary.

Forget about what city i wanna know what job. Graduated in 2019 and just now getting closer to 6 figures. Where tf do you work that's LCOL but pays like hcol

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Um go booming

That price is so low actually

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I thought you meant 185k down payment for a sec. Holy shit I must be living in a bubble because I haven't seen a condo price that low in 20 years

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