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Reply to "Middle class life has me completely baffled"
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[quote=Anonymous]I make significantly less than you do ($115k HHI) and one a house worth probably $600k. How I did it is I bought a condo with a 3% down payment (this amounted to less than $15k with closing costs, etc), did tons of low-cost improvements, and then sold it when the market was hot and got lucky on that. I never would have been able to save up the down payment money otherwise. Just worked my way up the real estate ladder with some sweat equity and some luck. My parents paid for me to go to state college (which is huge) but other than that I had no family help. [/quote]
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