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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][quote=Anonymous][quote=Anonymous]The reason we are arguing about "family money" is because it just doesn't work out for 99.99% of people to buy 2+ million house at that age without some "assistance". I'm glad all those .001% have shown up, but that's how hit's happening. /Thread[/quote] You’re offering less evidence than the people speaking from personal experience. Feel free to cite contrary personal experience or aggregate data.[/quote] The people "speaking from personal experience" are either lying or are in the 0.01% for their age. Very few can qualify for a 2M+ home at any age, let alone by age 30. [/quote] I explained how we did it (admittedly $1.8 million). We had a great combo of no debt due to merit scholarships and military service, one of us in biglaw, 2.5% interest rate, and access to a VA loan (0 down and no PMI). Free healthcare and tax benefits (no tax on BAH and BAS) help a lot too. [/quote]
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