We are a young couple in our early 30′s, who are tired of paying rent. For the last 6 years, we’ve been paying 1400+/month and watching that money go towards someone else’s equity. Because of our modest income, we have not been able to save any money for any sort of down payment. However, we’ve been very careful in building up and maintaining an excellent credit history over the last 6-7 years. Every year with the cost of housing going up and up, it seems like we will never be able to afford to buy a house and stop throwing our money away towards rent. Looking for a realistic means to own without signing our lives away.