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Ep. 166 - 1st Time Home Buyer - From Clueless to Duplex Owner

Ep. 166 - 1st Time Home Buyer - From Clueless to Duplex Owner

FromHow to Buy a Home


Ep. 166 - 1st Time Home Buyer - From Clueless to Duplex Owner

FromHow to Buy a Home

ratings:
Length:
30 minutes
Released:
Mar 10, 2023
Format:
Podcast episode

Description

Dan and his wife went from not knowing a thing about buying a home to purchasing a duplex three states away in Spokane, WA. The couple’s lack of real estate knowledge, though it was scary, didn’t stop them from taking a leap of faith into the home-buying process. Listening to David’s podcasts gave them the knowledge and courage they needed to make the jump.
Catch up on this fascinating story!
Here are some topics from today’s discussion:
How to buy a home from out-of-state
Properly preparing your finances
House hacking with a duplex
Trusting in the home-buying process

Episode Highlights:
[01:39] Trusting the Process
Dan wasn’t sure about what to do when buying a home, but that didn’t stop him from looking into it. When he and his wife decided they wanted to move closer to her family, they began saving money and learning everything they could about buying a home. After four years of careful financial preparations, they knew it was time to make the investment!
[12:39]  House Hacking With a Duplex
Buying a duplex is a great option when it comes to “house-hacking.” Living in one half while renting out the other is an easy way to help mitigate the cost of a mortgage while still being the full owner of your property. This is what Dan and his wife did when moving to Washington, giving them the opportunity to make their move even more affordable.
[13:00] Preparing the Finances
Dan and his wife needed some financial support to make the purchase, but it ended up helping them in the long run. Making sure you have as little debt as possible puts you a step ahead when it comes to working with lenders.
Released:
Mar 10, 2023
Format:
Podcast episode

Titles in the series (100)

Looking for answers - Can I buy a home? How do I even do this? When should I start planning? Where should a first-time home buyer start? Right here. Real information from a real expert with clear answers to end your confusion. Guidance from industry insider, me, David Sidoni, the #HowtoBuyaHomeGuy. I’ll give you the playbook on the do’s and do not’s of buying your first home. From planning for the big step even years ahead of time, all the way to the nitty-gritty of getting your keys. If you’ve felt clueless about where to start, you are not alone because the real estate industry has either ignored first-time home buyers or handed them off to novice agents with little training or expertise – and that sucks for you. So get the info, including the dirty little secrets of real estate that will help protect you; as well as the crucial tips to help you plan for the entire process step by step. Tools, tips, and techniques, from my personal experience working with over 115 successful first-timers (as of July 2021), and hear success stories from some of the over 500 listeners all over the country that used this podcast to guide them to their dream.The real estate industry thinks first-time buyers suck, but I don’t. Get the ultimate “How To” that nobody with a clue is giving first-time home buyers. You deserve the truth. You deserve to be treated like the valued consumer that you are. If you’re sick of high rents, listen and you may find out you don’t have to be a renter as long as you think. Cut through the BS and end your confusion. You can do this!