RO understand that my stance regarding the advice to 125 is based on his/her demographic. If he/she posts that there is a family involved looking for a school district and a place to set down roots for a long haul then that would be different. However for a young professional who is single, making over 150k in this market, who has never owned a home it seems like waiting a bit longer is much more prudent advice. Consider how much cash he/she could bank while waiting.
Furthermore I feel that any advice to a person that includes getting roommates to subsidize the cost of the investment is poor advice.You own a home so you don’t have to tolerate roommates, vacancies, pains in the asses, landlords, etc.
