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Reply to "Where do people live that make 65-75k HHI?"
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[quote=Anonymous]I bought a 1-bedroom condo in 16th St Heights when I was earning $53k back in 2012. I used HPAP for the down payment and closing costs and savings for the inspections and appraisal. I also received the low income property tax abatement; total PITI + condo fee is $1283. I pay my mortgage bi-weekly so that makes it even more manageable. If you have decent credit, can find the right real estate agent and are willing to jump through a few hoops, buying in DC can be more affordable than renting. [/quote]
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