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What was your salary when you bought your first home and how much was the home? I’m a few years out from making this move with my SO and as first time buyers, wants to gain an understanding of realistic expectations.

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This may be a better question in the personal finance bowl, but I was making $60k and wife was making $35k. House was $310k. Luckily we’re making more than double that now.

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I agree on the three times rule at max, in reality to get ahead you want it to be more around 2.5x

150k salary and house was 380. I had saved up a ton for the down payment with enough left in emergency fund. I feel the house is well within my means!

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Single. I bought myself and my boyfriend pays me rent 😂 f the norms.

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We bought when we were both 26. I was making $60k and wife $40k per year. House was a short sale in Florida in 2010 we got for $250k at the bottom of the market. One of the best financial moves we’ve made. It set us on a path to four more homes, three of the five we still own.

We had family members telling us it was a terrible idea. Don’t listen to the haters. Do what you’re comfortable with and what you think is the right move for you.

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~36k and house was 175k in 2009. Got into Workday 6 years later.

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I waited longer to purchase my first home in my early 30s. Home purchase was just over $600k in the Midwest; individual income around $175k, dual income around $350k/ year. This leaves us room to still travel and be mindful yet somewhat free with “fun” purchases while having room to spread out and enjoy being home. It’s all about what you prioritize…I don’t go out much, rarely buying unnecessary items and wanted a nice space to enjoy both for work and leisure while building real estate income.

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Salary 120k
Side hustles 200-300k
House 1.2M. DP - 375k

Ages 27F - 32M (house husband)

Started an indoor plant business during COVID. Sold it to a major chain. (Hobby at first.. and it kept growing and growing)

Started other small businesses with my sibling, investing in real estate and purchasing some restaurants.

Trying to sell “experiences” now.

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