u/TuneSoft7119

Hey everyone, I am a guy in my later 20s and am sort of between steps 3b and 7. Like, I have no debt, 4 months of savings, and am putting money into retirement. But I am also trying (heavy emphasis on trying) to save for a house someday. I have 25k saved up so far and its slowly growing. I make 68k a year and looking to by a cheap 350k home, so I would need a 150k to 200k downpayment to make the payments 25%. Been saving 750 a month for a downpayment.

Daves plan states to save for a house you pause retirement while you do so, but if after 2 years you dont have enough, then you can start contributing again. See, this is where I am confused. I already did that from 2021-2023. Should I pause again for 2 years? or should I keep contributing?

I have asked the facebook group and they all say that I need to go back to 3b for a few years before I start contributing again.

So I am a 28 year old guy with a career that I love and living in a MCOL area. I make 68k a year and take home about 3800 a month after retirement and taxes, which I feel is an extremely good income. Starter Homes go for around 300k for a project house, 350k to 400k for something that's move in ready.

I am currently living in a small apartment and I am able to save around 1000 a month. Occasionally I bring in an extra 500 to 1000 a month from overtime, but that's often enough for me to consider reliable. At this point I have an emergency fund, and have started the long process of saving for a down payment. Currently have 20k saved (in a HYSA).

I know I will need a large down payment (at least 75k depending on interest rates). I am just worried that house prices will grow faster than I can save during that time.

I work for a government agency so my income is not expected to grow much over the next 5 to 10 years.

I dont think I am having really high standards for what I want in a house. Just an older 2 bed 1 bath house that needs a little bit of work, a small yard so I can have a dog, and a small shop or garage so I can work on projects.

Is this possible on my income? Should I reevaluate my goals or what I am looking for?

So I am a 28 year old guy with a career that I love and living in a MCOL area. I make 68k a year and take home about 3800 a month after retirement and taxes, which I feel is an extremely good income. Starter Homes go for around 300k for a project house, 400k for something that's move in ready.

I am currently living in a small apartment and I am able to save around 1000 a month. Occasionally I bring in an extra 500 to 1000 from overtime, but that's often enough for me to consider reliable. At this point I have a solid emergency fund, and have started the long process of saving for a down payment. Currently have 20k saved (in a HYSA).

I know I will need a fat down payment (at least 75k depending on interest rates). I am just worried that house prices will grow faster than I can save.

I work for a state government so my income is not expected to grow very much over the next 5 to 10 years.

I am not asking for much. Just an older 2 bed 1 bath house that needs work, a small yard so I can have a dog, and a small shop or garage so I can work on projects.

Is this possible on my income? Should I reevaluate my goals or what I am looking for?