Definitley, you don't need $1K equimement, it's a lot more the skill than the machine.
When I was younger and poorer I only had the typical 30W unregulated pen-style JBC soldering iron. Yet I soldered a ton of tqfp and all kind of small stuff.
This is an old picture on the OpenWRt forum, made by me.
Wanted USB, the router didn't have, but the soc did. So I had to become creative.
Why the scratching? Well, the AR9331 uses a weird package (Dual-row LPCC whatever) where one row will be hidden under the package.
Pins on each row are separated by 0.5mm, then both rows are routed together to the top layer, so those wires are 0.25mm apart from each other!