No, I just got 20 year loans from the bank and typically put 15% down. Most of the small 2 bedroom condos near the University were selling for about 35-40 thousand at the time. I only needed to save up five thousand or so for each down payment.
The condos were renting for $500-700 all day long with up to a one year waiting list. You could buy the same condo for $250 a month. If you could save up the $5000 or so needed for the downpayment. So I started to pinched my pennies and eventually saved up the first downpayment to purchase one for myself.
This is in Texas or course, not some liberal hell hole.
Are you familiar with the show Fixer Upper (that used to be on HGTV)? Those are friends of mine.
Is that the white guy and Asian girl?