Buying a home will probably be the single largest purchase you make in your lifetime.
No pressure there right?
I mean, It’s only a 30 year loan term.. No big deal.
Let’s face it. No matter who you are, buying your first home or investment property is a down right scary, exciting & often times frustrating process. The housing market is competitive. You often have to make snap decisions on properties and it misleads a lot of first timers into making decisions based on impulse, gut feeling and perhaps most damning of all… emotions.
I get it! It’s easy to fall in love with a property or get caught up in bidding wars before you’ve really had a chance to investigate the property or educate yourself properly.
That’s why I’ve reached out to our amazing panel of experts to ask them the following question:
“What advice would you give to first time home buyers / investors so they can purchase their first property with confidence?”
Included in our list of experts are seasoned real estate agents, flippers, landlords & personal finance masters. I figured, If anyone could help me compile a list of helpful advice for first time investors and buyers these are the types of experts I wanted to hear from!
So here it is folks, The best advice for first time home buyers from some of the best in the business.
Share this Image On Your Site
I have to admit…
I felt a little bit guilty trying to distill all of our experts great advice into what essentially boils down to 10 bullet points. If you are serious about buying your first property, I strongly encourage you to take some time and read through everyone’s responses. There is some seriously awesome information here!
Below you’ll find all of our experts who contributed to making this article possible. You can click on a name below to jump to that persons response or just scroll down to take it all in.
I can’t thank everyone who contributed to creating this article enough for taking time out of your busy schedule to make this awesome resource for first time home buyers. My apologies to everyone who contributed for not framing the question in a more concise way. I take full blame for the split in investor VS first time home buyer responses. That said, It’s all fantastic information. Both sides can learn a great deal from reading through the experts answers!
Just to recap quickly, here were the results.