# Any real-estate investors?

**URL:** https://forums.speedlife.net/t/any-real-estate-investors/191531
**Category:** PittSpeed Off Topic
**Created:** [August 2, 2007, 9:51am UTC](https://forums.speedlife.net/t/any-real-estate-investors/191531 "2007-08-02T09:51:40Z")
**Posts on this page:** 1
**Showing post:** 9

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### Author: ![jph102900](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jph102900/32/6049_2.png) [@jph102900](https://forums.speedlife.net/u/jph102900)
#### Post date: [August 2, 2007, 12:05pm UTC](https://forums.speedlife.net/t/any-real-estate-investors/191531/9 "2007-08-02T12:05:57Z")

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> [@Any Art Students/Artists here?](https://forums.speedlife.net/t/any-art-students-artists-here/31656/7):
>
> You could look into section 8 housing in some of the more broken down areas as a starter, you can find the county auctioning them off relatively cheaply (like sub 30K duplexes) or something like that. I know of several people that have done or are in the middle of that right now.
> 
> As for your cushion and debt free status, that is excellent. My wife and I are the same. We bought our home in March of this year and put 35% down in cash, without even touching the nest-egg. It made the whole situation much more smooth and painless. Too bad most people don’t think like that.

Yeah, I don’t know how old you are, but I know that none of my friends were 22 when they bought their first house. My wife and I met in HS and got engaged in college and started saving like crazy. I was the only guy in my group of friends from college that didn’t spend all my money and go broke each semester. Also, I would just save up all my money from summer jobs so that I could have it for after college. Then after college graduation my wife lived with her mom for a year and saved all of the money she made (she graduated before me) and then I lived at home for 6 months and saved all of my money. We bought a house with a low interest fixed loan through the state and are paying less each month for our house than we would have for a small apartment in the same area. Most of my friends from college are still not working or just took out more loans to go to grad school. I can’t imagine having debt bills higher than my mortgage expense each month :scared:

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