RO listen to your advice… “Buy a home now….perhaps rent a room to subsidize the cost”. Also recall the poster asked about CV, Scripps or PQ. A single guy buying a home in either of those communities right now? Are you kidding me?
Any single guy making 160 large could bank alot of coin in a few years and in a flat/depreciating market this guy could make a killing in a few short years. As long as the money isn’t frittered away on drugs, women, or gambling he will do great.
As our friend Wes Hogeland would say,
“Its the biggest no brainer in all of mankind”
Seriously, 125 the biggest issue you should have right now is how to distribute your investments regarding risk.
Again, if you are dead set on buying, then so be it, you can get financing, you can get a home and if you do it right offer a heck of a lowball and take your time. Otherwise wait a few years and chances are you will be well positioned as long as you save some money up.