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[QUOTE="UConn_Top_Dog, post: 2700997, member: 2285"]
As a single young adult with no kids, DO NOT BUY A SINGLE FAMILY HOME, especially in CT. You will screw yourself. Your best bet is turn it into an investment move and buy a 2 family and rent out the other unit. By the time you marry and have kids (maybe 5 years) you will be close to paying off the entire thing if you have at least 20% down payment and pay the monthly mortgage payment plus putting extra toward the mortgage principle using your rental income. But go into the investment based on the home always being vacant so you are positive you can carry your own weight. Obviously it will be rented most of the time depending on the location, but its a good safety measure. Also make sure to have money saved up for unexpected repairs. If you are handy, go for a fixer upper, you will save a lot of money if you put the work in. Also, if you plan on moving from the area in less than 5 years, don't buy a house. I majored in Real Estate and Urban Economics at UConn and learned a lot from mistakes some of my family made if that has any baring.
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