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Great question! It depends on a couple of factors — the biggest one being where you’re buying! In the Bay Area, the typical down payment is about $80,000 while in Colorado it’s less than half that at about $30,000-35,000.

That said, a lot of being definitely get creative with it! We’ve supported people buying the home they live in currently from their landlord (sometimes working with other family/community members to do so), supporting a multi-generational family in one home, and much more. We also work with families that don’t have quite enough money yet -- there are city and county programs that provide access to homeownership with lower down payment figures. As an organization that works teachers, we are also fully rallying for increased pay across the board.

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Glad you are here to answer our questions. How exactly does landed work?

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Thanks for doing this! How did ya'll at Landed come up with this idea? Super interesting.

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Hi everyone!! It’s Jess at Landed here. Excited to answer your questions over the next few days with my teammate Alex. Will be popping in and out until Friday - look forward to chatting!

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I like in Oklahoma where I make 34K per year. Houses aren't that expensive but on top of my other expenses, saving for a house seems nearly impossible.

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Ah thank you so much for doing this! My husband and I are planning to dive into this this summer, but frankly it seems impossible. The downpayment thing is pesky

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Landed’s been working with the College Football Playoff Foundation, and we just gave away another $25,000 to help a Bay Area teacher buy a home. We surprised Jenna, 3rd grade teacher this AM.

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Signing off for the day! Looking forward to continuing the conversation tomorrow. Keep the questions coming :)

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