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783.3: Home Buying Hacks: Down Payments, Financing, and Home Insurance w/Chris Hutchins
BiggerPockets Real Estate Podcast
Wisdom and Considerations for Homebuyers
Renting is often cheaper than owning a home in year one, but considering long-term costs, buying a home with a mortgage is more affordable in the long run/nEven if someone doesn't want to be a real estate investor, buying a house can provide financial stability and control over one's financial future, as opposed to being at the mercy of landlords/nWhen buying a home with plans to sell it in a year or two, potential fees associated with the selling process should be considered as they might impact profits/nHouse hacking is a strategy that allows individuals to acquire a property they may need in the future by using tactics discussed in multiple episodes/nHouse hacking can help individuals afford a larger or more suitable home earlier than expected
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