Congrads, I bought my first house when I was 22 as well and made a nice profit off it as I sold it two years ago. I did what you did and bought it for a lot less than what it was worth being it was my parents old house and made payments of 500 smacks a month for 4 plus years and then refianced it as I wanted to build onto it and put about 40k into it with new roof, windows, garage, cement driveway and all new landscaping and redoing the family/living room. I bought the house for 60k, then got it down to about 40k and refianced and took me back over 80k and payments were at 650 then, lol! But did it to make a profit, which turned out pretty well being I sold the house for 125k. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif
Good luck and have fun!
I will be building my new home next summer. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif