BiggerPockets | The TRUTH About First-Time Home Buying @biggerpockets | Uploaded June 2024 | Updated October 2024, 14 hours ago.
Find a Property Manager: biggerpockets.com/findapm

Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media

Find Investor-Friendly Lenders:
biggerpockets.com/findlenders

See David at BPCON2024 in Cancun!
biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none

Buy David's Book "Pillars of Wealth" store.biggerpockets.com/products/pillars-of-wealth

What Is a Conventional Loan? (Requirements & Costs):
biggerpockets.com/blog/what-is-a-conventional-loan?utm_source=youtube&utm_medium=description&utm_campaign=none

Connect with David on BiggerPockets:biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none

Connect with Christian on BiggerPockets:
biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Dispelling Mortgage Myths
01:41 Understanding Credit Scores and Debt-to-Income Ratios
04:10 The Truth About Down Payments and PMI
05:36 Navigating Closing Costs and Fees
08:12 The Hidden Costs of Homeownership
11:41 The Drawbacks of Down Payment Assistance Programs
15:41 Tips for First-Time Homebuyers