First-Time Homebuyers, don’t let these real estate investors fool you. Buying your first home is going to take a lot of patience, money, and a renewed mindset! When I began my journey years ago, I thought I was ready. I had been saving, I paid off some debt and I had a "good" job. But that wasn’t enough. After searching for homes for several months, I found myself frustrated at the fact that my financial report card continued to hold me back from each dream home I submitted an offer for.
Eventually, my real estate agent and lender sat me down and explained that my debt-to-income (DTI) ratio was holding me back and in order for me to gain access to additional inventory, I would need to make some changes to how I was managing money. Listen in to see how I overcame this challenge and how YOU can avoid the mistake that I did - by simply being financially prepared.
Comment below and let me know if this helped you!
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