buy a big 4 bedroom house and rent the other rooms for 300 or more each and go buy your street glide

 

Like others have posted before.
"Buy the house first!"

 

Got to be the house. I was 23 when I got my first house, kept the bike I had at the time (Suzuki 750). Bikes for most of us (or me at least) are toys but my wife and kids have to take priority and they need a home.

Look at the choice another way - I'd sell my bikes to keep my home but I wouldn't do it the other way round.

 

I've owned 1 house in my life. Got out from under it at the first opportunity. Never again, but that's just me.

I'm much happier in my cheap little appartment, being totally debt-free, having a credit score of 800+, owning my 2 H-D's and throwing $1500/month into savings. Of course, I'm single with no kids and will never change that, so that's probably why I'm able to get along OK.

But I seem to be in the minority here. To each his own according to his needs.

 

Get the house. I've owned four and each doubled what I paid for them, including the one I'm in now -- even in this recession. You already have a bike, just not THE bike you want. It's hard for a guy in his twenties to think well into the future, but you've got a pretty good head on your shoulders for even pausing long enough to ask. If you buy a bigger bike, you'll just **** money away on chromey nonsense anyhow.

 

Definetly get the house if you can. That was my plan but found my credit score too low to get the loan i needed. Got the harley and plan to wait until my car note is paid off next october and try again.

 

I find this statement well....Not very well thought out!!
1st...Of course you can rent CHEAPER than own..Isn't that a no brainer?????But making a landlord rich...is there any other reason to be a landlord???
2nd.The stock market!!!....Come on...at least in real estate you know where your money is at!!!
BUY the house!!!!This is a GREAT time to buy, alot of great deals!!!JUST dont overdo it!!! Make SURE you can afford it and put that rainy day money away and DONT touch it!!
You can rent and save money,NO Taxes,NO Insurance...But you must do something SMART with the money you save or you will never get ahead!!!! I just DONT trust the stock market...Good Luck...You are young,ENJOY IT-youth will be gone before you know it!!!!!

 

As the others have said go with the house.

 

DON'T BUY EITHER ONE!!

You already have a bike. Ride it some more.

Keep saving your money. Both of your options will quickly drain your bank account.
A house is a huge financial burden, and responsibility. You may still have some "fun" left in your youth.

You're young, and very subject to a rapid change in your life.

 

How 'bout - don't ever buy a house, get married or have kids. These are the three most advocated things that you're programmed to do and also the most likely to bring financial and emotional ruin. Cynical, I know, but its a fact.

You're free right now, stay that way and be in the happy minority!

Flame away, y'all!