Make-or-break advice for first-time homebuyers…
Finding the right first home that will set you up for financial success is a much easier way to get to your dream home.
Your first home is the steppingstone to your dream home! This means that your first home doesn’t have to be your forever home.
Instead, you can use your first home to provide you with a nice place to live while building equity. Rather than spending money you’ll never see again on rent, you’ll pay a monthly mortgage payment and build that equity.
Then, when you sell your first home down the line, you’ll get all that equity and appreciation back as a lump sum that you can use to buy your next home. Then repeat until you’ve made it to your dream home.
Don’t feel like you have to wait for years to save up a massive down payment for your dream, forever home. Instead, use your first home to fund your dream home!
The secret lies in starting with your first home.
