…yes but if your ambitious and going to take chances , do it when your young and you can sit back on your equity later in life and cash in when the kids are gone or when your retired etc. I got married and bought my first house in my late twenties, worked night and day and paid it off in 3 years. Got divorced and shortly thereafter bought another house, worked night and day, paid that one off in 3 1/2 years. Those few short years determined my financial stability for years to come. Could I do that today, the answer is a hard no, I’d be dead. I always saw the equity that I’ve accumulated in that short time as a subsidy to my pension. Let’s face it, pensions are not what they use to be unless you’re a government employee and your pension is indexed. Recent rounds of inflation have decimated my pension, thank god I wasn’t relying on it to live. Your results may vary.
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