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technicolourful t1_j7rygij wrote

> I know from a general economic standpoint there is an idea that condos do not appreciate as well as SFH and are not as solid of an investment.

LOL. I put 10% down on my condo and paid PMI for 13 months before I refinanced for ten percent more equity. Buying a condo here is basically printing money.

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AND WE SHOULD BUILD MORE OF THEM. EVERYWHERE. AND TALL. AND ON TOP OF TRAIN LINES. AND TEAR DOWN SINGLE FAMILY HOUSES TO DO IT.

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drizzlefoot321 t1_j7tie2o wrote

I put down 3.5% with a FHA. refinanced 3 years later to remove PMI. 10 years I am now around 60% equity on it. I can't afford to move anywhere else in Mass, but hey can't win them all.

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