Buyers use their investment portfolios as collateral to secure interest-only loans .
For those who don't fit the traditional mold, alternative paths exist: How Do People Afford Million Dollar Homes? - HomeLight how do people buy million dollar homes
Buying a million-dollar home is rarely about a single high paycheck; it’s about a sophisticated blend of , equity , and strategic debt . While a household income of roughly $250,000–$300,000 is typically cited as the baseline for a traditional mortgage, the "deep" reality is that many buyers use wealth-building strategies that bypass conventional limits. 1. The Power of Rolling Equity Buyers use their investment portfolios as collateral to