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41 yr old sales guy. Started working since 23. Bought apartment when I was 28 (old 1 bedroom built 1980s). Paid off 2021.
Can refinance apartment for a 400k lump sum downpayment, rental income and mortgage a bigger house.
41 doctor. Started working as a doctor 36. Even with no debt on schooling tuition; they can afford a mortgage 80% of home. 15% down.
Doctor can barely afford a $1M house due to the lack of downpayment even if their purchasing power is great.
who is really ahead... who knows.
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