Buying Your First House with Scott & Mindy BiggerPockets Money Podcast

Buying your first home - either an investment or a primary residence - can be scary. This is a HUGE purchase, and no one wants to mess that up. But buying a house doesn’t have to be scary, if you’re properly prepared.
This week, Scott and Mindy sit down and talk about the process - what you need to consider BEFORE you even start looking at houses and what to REALLY look for when you’re looking at houses.
They also talk about different funding options, different purchasing strategies and even different ways to hack your housing to live for free - or make big money when you sell.
If you’re in the market for your first property - or second or third - or you’re just starting to think about buying a house, this is an episode you cannot miss!
In This Episode We Cover:

First step that Scott recommend someone once they decide to purchase a home

Consider exit options

Three possible exit options

Don't buy on a busy street

Don’t put yourself in an artificial urgent state on buying your first house

Don't spend every dime you have on your downpayment

How real estate agents and mortgage brokers are incentivise

On funding

Mortgage broker versus a lender

Adjustable versus fixed rate mortgage

What a mortgage insurance is 

FHA versus conventional loan

On house hacking

Credit score on Credit Karma

Pre-qualification versus pre-approval process

How to find a real estate agent

Things to inspect and to avoid on buying your first home

7 step checklist for buying your first home

And SO much more!




Learn more about your ad choices. Visit megaphone.fm/adchoices