0:00 Pre-show with Ashley and Tony
1:40 First-Time Home Buyer book
9:59 Exit Strategies
21:02 Wait to buy?
27:21 Loans fees and costs
31:26 FHA loans vs. 20% down
41:56 Who should find off-market deals?
44:32 Other kinds of loans
49:03 Shopping Rates
59:00 Buying a property as-is
1:11:27 Mindy’s Rookie Deal
1:15:05 Before-you-buy-a-house checklist
1:21:23 Watch Next
Starting out as a rookie investor means you most likely have a lot of questions that need to be answered before you dive in and buy your first home! Whether it’s a primary residence, a house hack, or an investment property, you’ll need to know about loans, agents, inspections, and more. With us today is Scott Trench and Mindy Jensen, co-hosts of the BiggerPockets Money Podcast and authors of the new book First-Time Home Buyer.
We’ve rounded up some of the most popular questions asked on the Real Estate Rookie Facebook group and asked the experts their opinions on them. Questions include:
Should I use an agent-referred lender or a mortgage broker?
Is more or less of a down payment better?
Does my agent need to find off-market deals?
How do I shop for loans?
Would you buy an as-is property as your first deal?
Scott and Mindy have definitive answers to each of the above questions and sprinkle in a bit of their own experience, so you don’t make the mistakes they did. If you’re about to purchase a house, getting into the planning phase, or just starting to learn about real estate investing, make sure you get a copy of First-Time Home Buyer!
Check the full show notes here: https://www.biggerpockets.com/rookie59