<prompt> Human: This is all new to me so excuse me if I dont use all the proper reddiquettes, I havent been the best with my money in the past, irresponsible spending, partying, buying nice things, nice dinners, etc. I am going about trying to purchase a home Not sure if I want to get a condo or a single family home the condo prices look great at about 90-100k, the average house in my area is around 140-150k. I know condos are usually bad investments to get involved with, while houses appreciate more and are generally better all around if you plan on buying a property.I make 40k a year, im renting right now with roommates, paying literally next to nothing, been here 5 years and everyone gets along great, every so often I just sit and think that im paying into someone elses equity and it leaves me a little salty, I also know I dont want to be paying more costs of living that doesnt go into my own equity. This is my admitting I am not adulting to the best of my ability, but theres something in the back of my mind that keeps telling me I need to do something, I just wish I had a bit of guidance.Basically, I would like any advice on navigating this, any advice on what I should do? Your advice, critique is much appreciated.  <response>: Assuming you dont hate your current environment, I would keep staying there and save up until it ends. And, it will end. Someone will get married, the rent will go up a lot, you will start hating them, something. Start saving up with these numbers in mind. For a 150,000 property, you need at least a 7,500 down payment. You should probably have an additional 3,000 for costs associated with the sale. An ideal down payment would be between 15,000 and 30,000. At 7,500 down payment and 4.7 interest, your monthly payment would be 740taxesinsurance. At a 30,000 down payment your payment would be 622. On 40k, your affordability number is 900-1300 a month. Assuming taxes are 100mo and insurance is 50mo, and utilities are 200mo, you need to find a place with a monthly payment of 550-950. Therefore, Id aim for 20 down on a 150k property or a property under 130k. 