We have a rapidly growing family and don’t see why we should have to live in a townhouse when we make a quarter million dollars a year.
You don’t have to live in a townhouse because you don’t have to buy! You can rent an amazing house for $2500-3000/mo. in that area and continue to save your money to get to your 20% down payment. By that time prices will have fallen even more and you’ll be able to get that loan no problem. Good things come to those who wait! Check out the rentals to see what is available — you might be surprised how nice some of them are…
