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Old 09-26-2007, 03:27 PM
Oski Oski is offline
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Join Date: Sep 2002
Location: Los Angeles, California
Posts: 2,230
Default Re: 30 and living at home

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If you like living at home then that's all that counts. If you don't like it but you also can't afford to live on your own try buying a house and renting rooms to friends. If you have extra bedrooms they are not hard to fill if you have friends. I bought my first home this way and by the time my friends had moved out there was enough equity in my home that after i sold it my next down payment was enough to create a low monthly payment that was less than my rent 4 years previously.

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This is a good move. When my brother was in college, he squeaked out enough money to finance a house. He live there and rented out 3 rooms to others he met in the dorm. Over ten years' later, TWO of the original roomates remain; he has 4 renters and a new house for himself.
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