35k is enough for a down payment on a small apartment. If you have a job, you can usually get a loan from most banks.
With good preparation and patience, you can cover all your costs by renting out your property and generate a monthly profit.
They still think it's ok because on paper their assets have appreciated but I think the market is just so iliquid right now they're not able to mark them accurately.
From a gut feeling viewpoint, something doing very well in the recent past makes me hesitant out of fear that it’s overvalued and will slow or even reverse in the near term.
You also need to minimize transaction costs, if you pay 10% every time you buy and sell you won’t make any money
I wouldn’t buy at this interest rate unless you got a screaming deal and could refinance later if rates go down but it’s a viable option.