So many first time homebuyers struggle to get funds for downpayment to buy their first home. Big things come from little things. So first, save money no matter how small but with discipline and consistency, your savings will grow in time. Some buyers borrow funds from their 401K. In general, you can borrow up to 50% of your 401K for the purpose of buying your home. Some buyers who are fortunate enough get gift money from friends and family. To be continued in another post.
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