I was just reading the thread on the housing market thread. I was just curious when you go to buy your first house do you start small and work your way up or can you just go big if you can? lets say you had $100,000 for a down would you put that on maybe a older house that is selling for $300,000? (In Cali that does not get you much) Or would you take it and put it down on a house that is selling maybe for $800,000? Does it really matter what you choose? One of my uncales made all of his money in real estate. (And alot of it) He has some of the nicest houses Ive ever seen but when I ask him for advice he just tells me Ishould not buy a house yet???? Why If I have the money to buy a house would it be better to get started sooner in life?