Saving for a house while renting was a very interesting experience. I learned how to save for a down payment on a house fast with 3 solid strategies. In this video, I will breakdown the #1 strategy that anyone can do - even if you are saving for a house on a low income.
None of us want to continue trading our time for money. I hope that every first time home buyer can watch this and learn how to save up for a house fast so that 2023 is the year you make your dreams come true.
I want you to be better than me. I had worked two jobs, did consulting on the side and was just beat. I was paying off my debt and saving at the same time and the two do not compliment each other. Focus on one goal. I learned this after the fact. I was exhausted. 100% do not recommend when there are so many other passive income opportunities that you can consider. I’ve found them and I’m giving you the game for free.
So if you’ve been wondering, “how can I save for a downpayment on a house fast”, then you are in the right place!
This is part 1 of a 2 part series. Like, comment, subscribe and share to stay connected!
Resources:
Video - Closing on my new construction home (part 1):
https://youtu.be/X77z5bIS1ko
Video - Closing on my new construction home (part 2): https://youtu.be/sAtvnE2DUKU
Video - Closing on my new construction home (part 3): https://youtu.be/4HAY7FmcGGA
How to break down your monthly mortgage payment - PITI explained:
https://youtu.be/PUpvUNCGj38
Open a high-yield savings account and get an extra 1% in interest: https://www.marcus.com/us/en/savings/referral?referralcode=JOS-2LH-CT84
How I saved for my down payment with a high-yield savings account video: https://youtu.be/s9fKzC6sZXQ
What is an Earnest money deposit video: https://www.youtube.com/watch?v=xxYZL7I5wx0&t=0s
[VIDEO] My debt free journey: https://youtu.be/C0Tyt3n7PCY
The #1 Workbook for first-time homebuyers: https://www.maximizedmoney.com/ready-to-own
Biggest mistake I made in my homebuying journey: https://youtu.be/Yn-LsYujGtA
First time homebuyer loans:
https://www.maximizedmoney.com/first-time-homebuyer-loans
Instagram (we have lots of fun over here):
https://www.instagram.com/maximizedmoney
Podcast: Real Estate Prep:
https://www.maximizedmoney.com/episodes (available on all streaming platforms)
Ready to find the right real estate agent for you? Download my free checklist for questions to ask:
https://www.maximizedmoney.com/homebuyers-checklist
Want to get your finances together for your big home purchase? Join my free Homebuyer Goals Challenge:
RECENT EPISODES
If you haven't seen "The Banker" and you're serious about real estate investing, put it at the top of your list! Here's 5 things I learned from the movie.
What does it really look like to build wealth through real estate? This is what I discussed this week with Kendra Barnes of The Key Resource. Kendra is the OG when it comes to this and she’s been able to do it successfully with househacking.
Imagine finding your dream home only to find out that it didn't pass the inspection. Do you buy or do you not buy? I invited DeAndre Henderson, Founder of Systemized Inspections, on to take a deep dive into inspections and why they are crucial to the homebuying process.
There is so much I wish I knew before I embarked on my real estate journey. With this podcast, I will save you major headaches by bringing on experts.
A few years ago, I was on the market with a raggedy financial outlook. Okay, raggedy isn’t the word but basically I was swimming in debt which made it more challenging for me to purchase a home at the time.
This week, I chatted with Sierra of "I Don't Do Budgets" on how she purchased her first property with seller financing - i.e. without the bank!
Purchasing a home is not for the faint of the heart. It requires a sound financial strategy that should be taken lightly. Join us for a discussion on how to financially prepare for your future home.
You've bought your home, lived comfortably in it and now you're ready to sell. What do you do first? In this episode, Kanmi gives helpful tips from her journey.
We’re going to take a walk down memory lane and discuss Tulsa’s Black Wall Street, a thriving black-owned and operated community known as the Greenwood District.
Have you ever wanted to invest in historically black neighborhoods like perhaps the one you grew up in? Torrence of HBCU Realty is offering you the opportunity to do so collectively.
Have you ever thought about renting out a portion of your home for profit? That’s exactly what my guest Myka of Sharebnb has been able to do.
Are you a veteran interested in purchasing your first home? I invited my friend & mom boss on to discuss her experience of purchasing with the VA loan.
Have you prepared your mindset AND finances for real estate investing? Trust me, it’s necessary to do both because the journey will be tough!
Can you believe we’ve been going steady for the last 3 months? Take a listen as I recap Season 1.
Thank you for contacting me!
I will get back to you as soon as possible.
Join the Maximized Money gang (MMG), where I regularly send tips, news, and lessons from my financial journey to your email.
You have successfully joined the MMG. It's lit! Check your email inbox.
Ps. Are we connected on social media?