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Does anyone have any advice for first time home buyers? Really just starting to save for a decent down payment over here...

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Wait for the recession. Buy low.

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20% down to avoid PMI. 15 year fixed rate mortgage. Do that and you will be fine.

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Partner 1 has the best advice as it relates to financing.

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Partner 1 is right. That's what I just did. Spending my second night in my house today. I can't stress enough getting the necessary inspections. Also, build your credit as much as possible. Best of luck

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First one is scary but just do it if good market and pencils.

Make sure you do a good inspection and don't get emotionally attached

Don't underestimate the amount of time it takes to find the house you want

Budget one percent of the home's value each year for shit that's going to break. So If the house is 500K, count another 400 a month for that stuff.

Best advice for saving?? I know it seems so simple but with my student loans and other bills I don't know the best way

Rich dad pay yourself first - have it go to another account automatically on payday

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What are the downsides to buying real estate vs continuing to rent? I have rented my whole and am considering buying a condo. I understand there are additional costs like property taxes, HOA fees, etc. but it seems like I would be building equity that otherwise would be rent money that gets thrown away. It seems like a net gain even if the property value doesn’t appreciate. Is there something I am missing?

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