Re: I have $0 saved for a down payment. I want to ...
Level 2

Home loans

In general, I'd suggest not to purchase a home unless you make at least 50% of that per year.  If purchasing a 200K home, make at least 100K.  Therefore, since you want a 1M home, you need to make 500K.  If you can't afford that, move somewhere that has a better cost of living 🙂 ... I'm able to follow this rule no problem.

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