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Real Estate
Reply to "s/o--so how did you afford a 2 million dollar home?"
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[quote=Anonymous]Ok, here is how we are looking to do a $2m+ home on income that is far far lower than what is cited in other posts and no family income. When we bought our house many years back, we did a massive renovation (had too) mainly all cash and partially did the pieces ourselves, lived with inlaws. all painful. Very aggressively paid down mortgage. We have close to 80% equity. Had we not been this aggressive, we wouldn't have a significant down payment. Because of relative /special needs situation, realized we would need to move to something more accessible and made several spend decisions accordingly. Never fully decorated house as wanted - but hey, kids beat it up anyway when they are young. Drove older cars. Less expensive vacations. If we didn't do all that, no way could consider this. [/quote]
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