This podcast episode was inspired by a question sent in from Erin who wanted to know some tips she should be thinking about when she buys her first home. We could do a million podcast episodes just on this topic alone – even if you own a home, there’s always more to learn for the purchase of your next house. That’s why I went straight back to Vishal Garg, CEO of Better (and a previous podcast guest) to answer Erin’s question.
On This Podcast Episode:
The old wise tale was that you needed 20% as a down payment to buy your first house, and forget about it if you were an entrepreneur with a bunch of 1099 income. Thank God those rules are getting thrown away and we can finally get to buying our first home with as little as $10K-$15K as a down payment.
I’m chatting with Vishal on this episode about:
- Why you so don’t need 20% down payment anymore
- The curious way you can roll your student loan payment into your mortgage (say what)
- Possibilities for entrepreneurs with a crapload of 1099’s
- Top 3 ways to get you in a position to buy
Head over to Better’s site directly to find out more about their unique online mortgage options.
The article mentioned – Best & Worst States to Buy a House
Thanks for Tuning In:
Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.
Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome!
Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Seven Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!
Have an Ask Shannah question, submit it here.