Quote:
Originally Posted by AllBlackBimmer
-- some of my friends have bought houses with 3%-5% of their houses (around the 100k mark in my area)... many on here are saying 20%... I can honestly say, I do NOT have 20% (or $20,000) to put down on a house...
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Check if there are any local programs that assist first time buyers, similar to FHA but w/o FHA-like costs (points, PMI, etc.) that I'd try to avoid as much as possible.