House/Condo/Co-Op/Rent - What do I do?



Hello everyone,
This will seem like a strange/pathetic post, but I am serious about it
and would really appreciate any help.
Don't worry, I am not asking for donations! LOL

I need some advice about a lot of things, but lets start with my living
situation.
I am 32 but I still live with my parents.
I took over their utility and mortgage payments a few years ago, and we
have 1 year left to complete the mortgage payments.

I do not know what my next step should be, should I stay, move out,
rent, buy?

I think it would be good for me to move out, it would help me grow and
mature more, which is overdue because I still feel and think as if I am
24.
But before anyone asks, I do my own laundry and cooking, haha.

You will probably need to know my background before helping me decide.

Unfortunately I am single and do not have many friends at the moment, I
sometimes hang out with a friend from high school, but he is in the
same situation as me, except he likes being at home and does not want
to move out. (that will be another post, How do I find more friends,
haha)

I live in NY and make about 60k a year, I have about 80k in the bank.
I travel for work, I leave early monday morning and come back late
friday night.
I need to stay in NY, to help look after my parents and grandparents on
the weekend.

There are 5 options ahead of me, I will list them and my opinion on
each.
Option 1 - Move out and rent
It just seems like a waste of money to pay for an apartment that I will
not be living in for more than half the week. I will sleep there, 3
nights a week and be there 2 days a week. But this will help me grow
up quickly, and is more acceptable among people.

Option 2 - Stay
This seems the most fiscally sound plan, but living at home does not
seem socially accepted. I am not currently dating anyone, but I am
afraid that when I do, they will be turned off by the fact I am at
home.

Option 3 - Move out and buy a condo or co-op
Similiar to the renting option, it just seems a waste to pay a mortgage
on a place that I am rarely at. And the prices are very high. A 1
bedroom co-op is going for about 200k, I am not sure if I can afford
that.

Option 4 - Move out and buy a house
Similiar to option 1 and 3, but I can not afford a house. A 3 bedroom
house is going for around 600k. And based on my income and savings, I
cannot afford this.

Option 5 - Get a 300k mortgage and rebuild our house.
We live in a single story 3 bedroom, but with the mortgage, we can join
the many houses that have been doubled in size.
We can add a second floor and add another entrance so it would be a
separate apartment.
The problem with this is, I am not really moving out then and would not
see the personal growth benefits I would if I moved out to a different
residence.

Thanks again for reading my post, and Thanks in advance for any replies.

.



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