Yes, that plan works, with one honest caveat: it only works for the person who actually sticks to it. Saving 50% to 60% of your income while keeping rent at $2,000 on roughly $6,500 take-home is a powerful position. You are banking a large surplus every month that can build a down payment, investments, or both. The common failure is the hedonic treadmill. Extra income gets absorbed into a nicer car, a bigger apartment, more spending, and the savings rate never materializes. So the real test here is discipline. The numbers already pass. If you genuinely keep saving and investing as your income grows, you are setting yourself up well whether you buy soon or keep renting and investing a while first. When you are ready to turn that discipline into a concrete buying plan, a free Roadmap conversation (about 20 minutes) is where we run your real numbers and map your qualification range and monthly payment.