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jrflowers • yesterday at 9:22 PM • 2 replies • view on HN

cowlevel is saying that they know what a down payment is but also thinks that you can’t buy a house that costs more than the amount of money you have in the bank


Replies

Jtsummers • yesterday at 9:28 PM

If that's what they believe they're a strange person. Very few people buy houses in the US with cash in the bank equal to the home price. They buy them with mortgages. And someone who can spend $214k on home repair work over 4 years could have afforded a pretty decent house with that same cash and a mortgage.