• @[email protected]
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    fedilink
    74 months ago

    I don’t really understand how you don’t understand that buying a house requires cash on hand.

    • BombOmOm
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      English
      -2
      edit-2
      4 months ago

      Closing costs can be rolled into the mortgage and PMI drastically reduces how much is required for a downpayment.

      Rents are also much cheaper in these areas too, which makes it much easier to save up for a PMI lowered downpayment.