<prompt> Human: Specifically, I am looking into buying a condo for somewhere in the 75-90k range. I have relatively good credit 721 but my credit history is very short, I got my first credit card 2 years ago and my first car loan about 6 months ago. I bring in about 2,000 a month after taxes and I usually have about 500 leftover each month. I tend to be fairly frugal, but I do spend quite a bit on going to restaurants 200mo and bars 100mo which I could definitely cut back on if necessary. My current rent is 325mo. I would either be living with my girlfriend or a roommate, either of whom would split the mortgage and bills with me. I have an emergency fund of 5,000 and I started an IRA within the last year that has 3,200 in contributions so far.I have lived in this area since I was 3 years old, so I wouldnt mind staying for awhile. I am not currently super satisfied with my job, but my field makes telecommuting extremely easy if I want to get a job outside of the area.Am I crazy for even considering this? I just hate throwing away money in rent every month.tl;dr Salary: 35,000year Debts: 14,000 car loan at 1.99, payment is 274mo Emergency fund: 5,000 Looking to purchase a condo in the 75-90k rangeEDIT: A few things that I probably should have included in my post. I am wanting to do this about 6 months from now. My parents are also willing to loan me whatever I need to cover a down payment. I would prefer to not borrow from them, but it is certainly a tempting option. I can also easily pick up freelance work on the side if I am in need of extra income.  <response>: I think its a bad idea.If you dont have 20 down its an even worse idea. 