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Reply to "How does someone buy a 2M+ house in their 20’s just a few years out of grad school?"
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[quote=Anonymous][quote=Anonymous]Most likely family money. DH and I bought a nice home 3 years out of law/grad school. Neither of us has student loan debt, and we had typical big law/business salaries, so it was easy to save a good-sized down payment in 3 years. [/quote] Partly this, partly family money. Because yes, if you graduate without student loan debt and are making $200K+ each, you can choose to live off $150K and aggressively save the rest for 2-3 years and have $600K+ as a downpayment without any "family money" other than no student loan debt. And most likely someone who has no loan debt from law/medical school will also get some help with a downpayment. But yes, if your income is $400K+, you have $600K+ as a downpayment, it is possible to buy a $2M home all on your own. [/quote]
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