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Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous]It's tough...we were lucky in that in our late 20's before kids we made 400K combined. We bought a row house for 819K and actually only had 10% to put down. We had PMI for a year then refinanced. 4 years later we sold it without broker fees to a neighbor for 899K so made money off that and then had a bonus from work. Combined with the equity in the townhouse and the work bonus, we bought a 1.2 mil house. Could never have saved 250K+ out right to buy our current house. Was a combination of luck, high salaries, and an unexpected signing bonus before we had kids. [/quote]
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