How to Buy a Home with a Very Low Income

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  • Опубліковано 21 жов 2016
  • I bought my first home at 25, making just over 20K per year, and as a single parent. Here are tips on how I did it ... and how you can do it too!
    UPDATE: I finished renovations on this home, sold it, and my profit was high enough to pay CASH for a new house ... in a Florida beach town! Check out how I did it here: • Mortgage Free with a L...
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КОМЕНТАРІ • 263

  • @datnohi3756
    @datnohi3756 7 років тому +339

    I currently paying 667 a month on 3 bedroom 2 bath home with a 2 car garage bought my house when the market tanked paid 93k for a brand new house currently only paying 667 a month with taxes and insurance included that's what some people pay a month to live in a 1 bedroom apartment

    • @rinslife83
      @rinslife83 6 років тому +16

      what state you live in??

    • @ablkberri9581
      @ablkberri9581 6 років тому +8

      where is this located

    • @chrissyish4945
      @chrissyish4945 6 років тому +5

      datno hi you definitely bought a house at the right time. I live in San Diego so that will nevvvverrrr happen again😒😊. Planning on moving out of State now just to get more house for my money.

    • @lifewithmandy5220
      @lifewithmandy5220 6 років тому +16

      That's awesome!! Good job! We just bought a house as well after 6 years looking for an affordably priced house. We finally found a 2 bedroom, 1.5 baths for $47,000.

    • @o0odeyanirao0o
      @o0odeyanirao0o 6 років тому +14

      datno hi I currently pay $900 dollars for a 1 room apartment. You are truly lucky.

  • @jillsosweetroman9594
    @jillsosweetroman9594 4 роки тому +108

    Single mom here trying to buy in 2021

    • @buttaflyantics8618
      @buttaflyantics8618 3 роки тому +2

      Amen 🙏🏽

    • @ProspectiveCorpse
      @ProspectiveCorpse 3 роки тому +10

      Same here! Good luck!! Our dreams will come true for us and our babies because of all our hard work. 🙏🤞🤞🙏🙏

    • @darthv8or
      @darthv8or 3 роки тому +10

      Ha! Single Dad here looking to do the same. Good luck to us 💪🏼

    • @Coco-qw9gq
      @Coco-qw9gq 3 роки тому

      Another single parent here trying to do the same! Has anyone here bought their hind yet?

    • @ahriesworld7688
      @ahriesworld7688 2 роки тому +1

      Single parent im looking to purchase a home in 2022

  • @lulubayou1897
    @lulubayou1897 4 роки тому +130

    I want to be able to buy a home in 2021 , thanks for the advice.

  • @theantiqueautistic6148
    @theantiqueautistic6148 7 років тому +74

    we own our home and there is no way we could afford to rent anything. you are doing so well. I am proud of you and I hope you are feeling proud of yourself as well. I think it is wonderful that you are sharing this information to help others

  • @phillysingertoni6376
    @phillysingertoni6376 3 роки тому +8

    This is the most sound and direct information that I have ever seen regarding buying a home. What a Road map. Thanks so much for sharing.

  • @ramblinralph7609
    @ramblinralph7609 6 років тому +15

    So good to see someone like you doing what you've done.

  • @hotandsoursoup2664
    @hotandsoursoup2664 Рік тому +3

    A lot of cities have a community services department within City Hall and that department does handle loan assistant programs for help first time homebuyers, and an education plan to help them through the process

  • @missylou_art8741
    @missylou_art8741 3 роки тому +11

    Thank you for this information. I"m a single Mom with chronic health issues and the rent hikes keep pushing me out of places. It will be better for me to have a mortgage and not have to worry about rent increases every year. By next Spring I should be debt free other than my car.

  • @JBWorkshop90
    @JBWorkshop90 4 роки тому +43

    houses in my area are 250k min. I would die if I saw a 60k home

    • @Koolmoedeesimpson
      @Koolmoedeesimpson 3 роки тому +2

      California homes are 550k and up your blessed

    • @JBWorkshop90
      @JBWorkshop90 3 роки тому +1

      @@Koolmoedeesimpson I mean I can't afford to buy a house so probably not

    • @miriamluvseminem
      @miriamluvseminem 3 роки тому +3

      Where I live anything decent is $190000 and up

    • @JBWorkshop90
      @JBWorkshop90 3 роки тому +1

      @Evelyn star must be nice. I've had to work since I was 15 to scrape by

    • @TailsMPrower
      @TailsMPrower 3 роки тому

      250k would be a dream in Australia

  • @ProjectHappyHome
    @ProjectHappyHome 7 років тому +12

    This is such a helpful video for any first time homebuyer! I wish I had known this stuff before our first home purchase. Thanks for posting.

  • @lmc7806
    @lmc7806 2 місяці тому +1

    HI! @raisingwildflowers Would you consider making an updated version of this video? I would SO appreciate it! I found this so helpful & informative but I can only assume that some or possibly many of these things have changed over the past 7 years? Maybe they haven't but it would be so helpful to know for sure. I've just recently discovered your channel. Thanks so much! :)

  • @wesproutwestendsprout4343
    @wesproutwestendsprout4343 7 років тому +6

    I'm so glad I found your channel! It's great!

  • @camstone17
    @camstone17 3 роки тому +8

    Literally answered every question I had! Specifically the debt to income stuff! Great video.

    • @josephstrongbow5522
      @josephstrongbow5522 3 роки тому +1

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  • @angelalycos2.076
    @angelalycos2.076 4 роки тому +1

    Thank you for sharing this. This might prove life-changing.

  • @novelynmorillo1555
    @novelynmorillo1555 5 років тому +10

    I view on average 85 videos each day. Your style, content and productions are definitely in the Top 1% of current You Tube offerings. Refreshingly valuable.

  • @scoobydoo7346
    @scoobydoo7346 5 років тому +10

    This makes feel optimistic

  • @true_love_lera
    @true_love_lera 7 років тому +1

    Your videos are awesome. Thanks for sharing this

  • @miarothwell7656
    @miarothwell7656 7 років тому +1

    Thank you for the great info!

  • @Coffeetime1991
    @Coffeetime1991 2 роки тому +1

    I know its been a while but I want to sy thank you for mking this very clear and to the point video. Seems like everyone rants and goes on about their life during these videos.

  • @lab5151
    @lab5151 6 років тому +1

    Solid info- Thank you!

  • @roslynjones1722
    @roslynjones1722 7 років тому +2

    Great information Katie. Thank you so much for this video. I can't afford a house in NYC, but maybe I can get a condo 30 or so minutes away.

  • @snookumsjack
    @snookumsjack 4 роки тому +4

    The thumbs downs people must just be "Horrid" people who don't want anyone else to get a break in life. You know, those selfish pricks. I don't qualify for any of this but think it's great for families to have home ownership. Win/Win for everybody.

  • @Li241.
    @Li241. 2 роки тому

    Thank you for your video. It was super informational.

  • @jd-py5nm
    @jd-py5nm 6 років тому +3

    very impressive my wife and i wanted to buy because of rent prices and to have some freedom with remodeling etc. people were surprised we could and we had double your income

  • @MegaElecman
    @MegaElecman 7 років тому +2

    Thank you, that was very educative, wish me luck as I'm in the same position now.

  • @myauthenticnow6401
    @myauthenticnow6401 7 років тому +12

    the encyclopedia of country living! love that book. do you watch her daughters homesteading youtube channel also?

  • @GloCole
    @GloCole 6 років тому +2

    Awesome video 🙌🏽

  • @990free
    @990free 4 роки тому +2

    I really 💖 this video!

  • @gabbymiles5655
    @gabbymiles5655 2 роки тому

    Great video thanks for sharing

  • @sebastianraygalindo7150
    @sebastianraygalindo7150 3 роки тому +1

    Great video thank you

  • @rgnewlife6622
    @rgnewlife6622 7 років тому +2

    really like your design on your home! You might like a little more head room by making the roof a dome, the overall higth be 13.5 feet. and the sides would taper down to 11 feet....

  • @chinyereogazi
    @chinyereogazi Рік тому

    oh i got excited then saw when this was posted

  • @LegitkawasakiX
    @LegitkawasakiX 3 роки тому +3

    For a while I was squatting in a warehouse while working full time now I want to buy a house I will try fha

  • @nadirayasmineeats
    @nadirayasmineeats 2 роки тому

    So helpful ❤️❤️ thank you

  • @pgw1735
    @pgw1735 3 роки тому +5

    it took me 10 years to figure this out. Not having debt and having a low income is the only way any human may qualify for a mortgage.

    • @beabonbons
      @beabonbons 3 роки тому +2

      Debts are good. They are known as lines of credit. Except you have to minimize your debt to income ratio; most would say keep your debt to income ratio LESS than 30-40%, hope this helps.

  • @Myfrugallife
    @Myfrugallife 7 років тому +8

    Our house payment is less than a rent would be even on a smaller house.

  • @whoosh_angel
    @whoosh_angel 3 роки тому +1

    Thank you for this video. Just curious how much did you have in savings when you applied?

  • @geraldine3058
    @geraldine3058 3 роки тому +1

    Thank you so much. I didn’t fha loans were an option

  • @verbsinarow
    @verbsinarow 6 років тому +2

    Congrats woman! Good job!

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      @ebukanwabuwa8345 4 роки тому

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  • @summerlyric506
    @summerlyric506 3 роки тому

    This gives me hope. Thank you. Do you mind sharing how much money you had saved when buying your house?

  • @irenewarner5333
    @irenewarner5333 2 роки тому +1

    i am grateful and i am a single mom and this is my second time trying to buy this duplex. i am currently still trying this . i am on ssdi and waiting on a down payment and my credit to get higher. i also have been qualifed for a fha loan but i KNow from my research i would need a 203 k loan to fix it.

  • @littlesarahautism9787
    @littlesarahautism9787 2 роки тому

    Thank you

  • @gerrimiller3491
    @gerrimiller3491 2 роки тому

    Single mom whom is a nurse contractor with 1099 documents..i am so excited that there are programs for all types of financial situations 😊

  • @aquamarine0023
    @aquamarine0023 4 роки тому +9

    Great content!! How much did you have to pay on closing costs?

  • @hotjesssica954
    @hotjesssica954 4 роки тому +1

    Hi Katy I’d like to know if you don’t mind sharing the lender that helped you in the process I’d like to explore the option of doing what you did thank you very much 😇

  • @byroncortezmusic1327
    @byroncortezmusic1327 6 років тому +7

    Hello!! Thank you so much for this valuable information!!! Could you please share more about the grants? Are there any specific names that I can research about prior to going to talk to a bank or credit union?
    Best regards & Congrats!!!

  • @niqslife
    @niqslife 7 років тому +20

    How are you doing? I hope all is well.

  • @dinoriffic08
    @dinoriffic08 6 років тому +37

    Thank you for sharing. I'm a single mother as well. And I would love to be a home owner. I can't afford rent right now. Are the payments reasonably lower than rent costs?

    • @1PrinceJay
      @1PrinceJay 4 роки тому +9

      kimmys little mommy life yes depending on what you put down on the FHA loan cause with owning a house you have equity and not a annoying landlord.

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      @ebukanwabuwa8345 4 роки тому +1

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  • @lindawilson5937
    @lindawilson5937 3 роки тому +1

    Little about both places so wish one.
    #1 /#2
    #1. 45.62acre lot Greensburg, KY, 158 mile down,
    There is a farmhouse not livable. Need to come down We will have to build a home, dad workshop, garage & put in water and septic system
    #2. 60 Acres Tollesboro, KY85 miles down, Ready to move into. It places has everything I want in a house and place. 1 1/2 story frame country farmhouse with large canning kitchen, pantry, living room, dining room, main level bedroom and bath and 3 upper-level bedrooms and bath; detached garage with shop area and attached carport, cellar, storage building, shed, small getaway cabin, very nice tobacco barn with attached shed, and a shop building.

  • @godsbread7892
    @godsbread7892 3 роки тому +3

    I have a FHA aproved Pre-approved loan of 245k right now and cant even use it. Prices are so high that 245 k would buy only a dump

    • @beabonbons
      @beabonbons 3 роки тому

      Watch for opportunity, they are everywhere, good luck 👍🏼

    • @destineemary9529
      @destineemary9529 3 роки тому +3

      That would buy a huge house in my area.

  • @eleanastipsexperiences4494
    @eleanastipsexperiences4494 3 роки тому +3

    This was music to my ears I have a 590 score things that have been on my report 12 years I just started working on my credit ...I have to really get more ways to get help

    • @Nisha-lv8jm
      @Nisha-lv8jm 3 роки тому +1

      Try calling and make a settlement with them

  • @karenpatterson3726
    @karenpatterson3726 3 роки тому +1

    thank you for sharing .how much wasyourdown payment

  • @kaitiecrady3195
    @kaitiecrady3195 3 роки тому +3

    Where do I start. .

  • @therandomclips409
    @therandomclips409 5 років тому +7

    How much was the house u bought?

  • @officialnez3576
    @officialnez3576 3 роки тому

    Tha k you very helpful

  • @natevidales6664
    @natevidales6664 3 роки тому +8

    I was told by realtors that I can not get a loan for a foreclosed home. I was told they are cash purchases only. How did you get a loan for a foreclosed home?

    • @fsnole98
      @fsnole98 3 роки тому +3

      Foreclosures are owned by the bank, they of course allow loans to purchase. But most lenders require a certain minimum amount they will finance. Some lenders are at $50k, some are $80k, others are $100k. One other reason a house must be purchased cash is if the house would mot pass lender living standards. Example, the roof, plumbing, electrical, etc are in misrepair and the bank will not make repairs. This is where the FHA203k loan would come into play. Best of luck to you on your home buying journey!

  • @Fitforacting
    @Fitforacting 6 років тому +3

    Nice microphone and video

  • @lovekimmy136
    @lovekimmy136 4 роки тому +1

    thanks you god bless

  • @CP-yf5lz
    @CP-yf5lz 4 роки тому +6

    Did you have to be employed 2 years before you could qualify.

  • @shaquellejacobs7930
    @shaquellejacobs7930 5 років тому +1

    Question did you purchase the house in NY ?

  • @Williaem00
    @Williaem00 5 років тому +1

    What if your wife has low income but has been at her job for 10 years ? And I am finishing bachelors degree trying to find a new job (previous job was two years , got laid off )

  • @DonDon-ju4yv
    @DonDon-ju4yv 4 роки тому +1

    Where I live...rent is 2800$ for three bedrooms...small house.
    And I want to buy next year. Where would you recommend I start? I’m low income in my area. Ugh.

  • @thevampbea2023
    @thevampbea2023 5 років тому +2

    Where can someone apply for fha loan?

  • @Kandieapples305
    @Kandieapples305 5 років тому +11

    Wow, thank you for sharing this information.. I was literally about to give up. Feeling motivated now. Would you recommend keeping your savings in a savings account or checking account? And did you apply for the FHA 203K loan? Thanks again!

    • @sweettee121
      @sweettee121 4 роки тому +6

      Kandieapples305 If youre still looking, or for anyone else sees this, you should keep your savings in either a high yield checking or savings account, whichever has a higher APR. It's a tip I've seen from a lot of other youtubers who invest in real estate

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  • @degreatmothersblueflame816
    @degreatmothersblueflame816 4 роки тому

    TY❤

  • @veromiami
    @veromiami 6 років тому +31

    Sorry to ask you what how much was the amount you had in the bank when you applied to the loan ? Thank you for sharing

    • @AlexisCarterNotaryMentor
      @AlexisCarterNotaryMentor 5 років тому +6

      veromiami that matters

    • @djfingersflores
      @djfingersflores 5 років тому +15

      yes i would really like to know that as well.. when she said she had some money in the bank does she mean she had a few hundred?.. a few thousand? 10 grand?

    • @melidsalopez3231
      @melidsalopez3231 5 років тому +4

      Yes I need to know

    • @cynthiamarquez5293
      @cynthiamarquez5293 5 років тому +3

      Following

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      @ebukanwabuwa8345 4 роки тому +1

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  • @carolynmerritt7100
    @carolynmerritt7100 3 роки тому +22

    Just curious how were you able to save making $20k a year. We're you staying with parents or someone so you could save?

    • @sebastianmccleese9866
      @sebastianmccleese9866 3 роки тому +15

      It takes a lot of sacrifice. Have to be willing to give up comfort for survivablity.

  • @CurtisDonDeano
    @CurtisDonDeano 7 років тому +7

    how long did you work your job? Or how long do you have to work a job to be approved for a FHA loan?

    • @motiratimon6077
      @motiratimon6077 7 років тому +5

      CurtisDonDeano At least 2 years

    • @rapaddictsupreme
      @rapaddictsupreme 6 років тому +10

      CurtisDonDeano I talked to a FHA person on the phone and he said in order to qualify for a FHA 203k loan, you have to be on the job for at least 6 months.

    • @mikejwomack9597
      @mikejwomack9597 5 років тому

      I see you bruh. Trying to get that house. I know the inside about to be designer everywhere lol

    • @LatoyaLlab
      @LatoyaLlab 5 років тому +4

      I got an FHA loan in January with $7500 dp assistance. I had to have 2 yrs on tbe job, 640 credit score as well, cleaned up crefit 1 yr beforehand

  • @Esther-ss7gi
    @Esther-ss7gi 6 років тому +4

    Hi i been looking foe videos about purchasing first home, and came about thiss video, can you please telll me the names of.the grants that will help.you with $0 downpayment? I will really appreciate it..Thank you and god bless!!@

  • @uptownphilly6415
    @uptownphilly6415 7 років тому +7

    How long is the process when buying a foreclosure home

  • @Life_in_a_kitchen_aid
    @Life_in_a_kitchen_aid 3 роки тому

    Thank u so so much for showing us the ray of hope..!🙏

  • @jfresh2054
    @jfresh2054 3 роки тому

    How much was your house and how much money did you have in the bank?

  • @missdesireindependance5194
    @missdesireindependance5194 3 роки тому +2

    Did you have to find your own contractors or the agency found them for you? Did getting the renovation loan increase your monthly payment?

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  • @Aphrodite_ErosLuvChild214-80

    U was a first time home buyer .. what if someone's who's owned 3 homes, but now I'm divorced and ruined my credit ,but I have owned a home ..what loans can I qualify for ..obviously not first time home buyer .. I don't have debts ,no car payment ..I only pay for a phone and I pay rent , I live in a camper and rent someone's back yard so I can save money on rent

  • @mmm8547
    @mmm8547 2 роки тому +2

    Love your videos. Just came across them a week or so ago and they are so helpful and informative. How did you decide where to buy your house in Florida that would be good for appreciation, like neighhorhood, etc especially not being from Florida and knowing it so well. We are hoping to make move there and find a cheap house also but get lost in all the places and nuances of each place, neighbhorhood, etc. It's also hard from a distance to know where is safe and will appreciate well without knowing the area well. The crime maps only go so far in being helpful and have severe limitations. For example Clearwater says downtown is very dangerous which I know isn't really true although there is likely petty crime which makes it red. If I didn't know this area fairly well, I would make the assumption it's dangerous which it isn't. It all becomes so tricky, lol. Any insight or tips? Or maybe even a video?

  • @RomaKTLlll
    @RomaKTLlll 3 роки тому +1

    Do you work on w2 ?

  • @rinslife83
    @rinslife83 6 років тому +5

    Hello thank you for sharing... I don't plan on buying till around 2020-2021 due to no money saved and small debt plus being a single mom. But I've been trying to do a lot of research etcc...So when you felt like you were ready to purchase. Whats the first thing you did?? go to a bank to see how much you can be approved for or which loan you qualify for OR search for an agent who can help you do those things. Thank you!

    • @tiffersj6851
      @tiffersj6851 6 років тому +4

      BunmooBun get qualified first with a lender. They will help determine which loan you are eligible for and what grants you can get.

    • @rinslife83
      @rinslife83 6 років тому

      THANK YOU!

  • @mimIsra1
    @mimIsra1 Рік тому

    Not in NYC

  • @hinamirza7894
    @hinamirza7894 3 роки тому

    I have 100k for down have good credit 600 atlest in canada but jobless on ei so how to buy how to approve ?

  • @rosariovillagomez3555
    @rosariovillagomez3555 2 роки тому

    Can you make a video or tell me please how I look for a foreclosurehome?

    • @user-hl8zi1su4w
      @user-hl8zi1su4w 2 роки тому

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  • @s.lee1313
    @s.lee1313 6 років тому +2

    where did you go? This is 2018 and you haven't written in years. Did you build your tiny house?

  • @fadiahyahya7150
    @fadiahyahya7150 3 роки тому +2

    Does the FHA help a homeowner buy a second home or just first time buyers?

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      @josephstrongbow5522 3 роки тому

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  • @patriciawilliam6219
    @patriciawilliam6219 3 роки тому

    I feel so terrible about everything. Savings are not even enough to take care of the kids talk more of buying a house. I just feel like killing myself. Life is unnecessarily hard on me 😭😭😭

    • @nathaliafilipe7807
      @nathaliafilipe7807 3 роки тому

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    • @christianalan5608
      @christianalan5608 3 роки тому

      I am in the same situation with Patricia. Is your trader accepting new clients? Pls how can I get in touch with your trader

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      @nathaliafilipe7807 3 роки тому

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      @nathaliafilipe7807 3 роки тому

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      @nathaliafilipe7807 3 роки тому

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  • @maabdou2000
    @maabdou2000 6 років тому +2

    Hi ,
    We have a low income as my wife work overseas and they did not consider her income. We could not get approved. what other options we may have?
    Thanks,,,,

    • @mrsbrooklynt.5354
      @mrsbrooklynt.5354 6 років тому +1

      maabdou2000 if your wife were to send you funds to your bank account for at least 6 months that would be considered as reputable income. FYI

    • @croswellianprincess3590
      @croswellianprincess3590 3 роки тому

      Mortgage broker.

  • @magicianxo6480
    @magicianxo6480 6 років тому +7

    I have student loan but on the forgiveness plan will that be held against me if i have no other debt

    • @jask4968
      @jask4968 6 років тому +3

      Zara Clay yep

    • @LatoyaLlab
      @LatoyaLlab 5 років тому +3

      Your loan balances are factored into your debt now.

    • @carolynmerritt7100
      @carolynmerritt7100 3 роки тому +3

      School loans are the american dream's rip off!!

    • @magicianxo6480
      @magicianxo6480 3 роки тому +1

      @@carolynmerritt7100 yep at this point I'm paying them down and going to school out of pocket. At the end of the year I utilize the student loan tax write off! Never doing that ish again!

    • @magicianxo6480
      @magicianxo6480 3 роки тому

      @@LatoyaLlab yeah and why do they act like that isn't the case when you apply for other loans? They say oh student debt doesn't count as history

  • @fuckboi4852
    @fuckboi4852 3 роки тому +4

    How do you save, when rent is so high and live week to week?

    • @josephstrongbow5522
      @josephstrongbow5522 3 роки тому +1

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  • @kimpod2417
    @kimpod2417 Рік тому +1

    I’m 4 years late here but 🤔 sounds like a lot. I don’t have a credit card. I don’t like credit plus the way some jobs are these days. You can get layed off with no warning 🤔

  • @GoProMeetsAeon
    @GoProMeetsAeon 5 років тому +2

    Could you tell us how much money you had in savings at the time of the of the purchase so that I can get an idea of how much to have before going to a mortgage lender

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      @ebukanwabuwa8345 4 роки тому +1

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  • @hugoquintero9189
    @hugoquintero9189 7 років тому +17

    ok I have a disability I get benefits very low income can I purchase a home?

    • @saravaldez8672
      @saravaldez8672 5 років тому +4

      Hugo Quintero yes you can.

    • @mikezap1800
      @mikezap1800 5 років тому +7

      How

    • @rickroybal7022
      @rickroybal7022 5 років тому +5

      Hugo Quintero. Check with your local housing authority. Contact Habitat for humanity. The ADA has provided for certain benefits and housing for people with disabilities including 42" doors and easy access to bath, countertops, and cabinets.

  • @nyebetancourt4466
    @nyebetancourt4466 5 років тому +4

    This was helpful. Can you do a more thorough or step by step video. My income is higher but most homes are horrible inside. How much was the mortgage amount monthly payments on $20,000 income. How did you find the house? Everytime I see a foreclosure I liked my realtor convinces me otherwise and says bank owed are no good. I tried to buy a 2 family as a single income buyer and the broker messed up. The payments would be around $1650. A month. I told her there's no way I can afford that and I cancelled everything. Losing my earnest money of $2000.
    Any info is appreciated 9n inspection, choosing contractor, main things to look for to be approved for FHA 203k, etc.
    Thank you

    • @sweettee121
      @sweettee121 4 роки тому +3

      noemi bajandas Foreclosures and bank-owned can be rough because owners tend to trash them once they lose hope (I used to work at a mortgage company so I've seen how bad it can get). If you want that type of property and are aware of the risks, you need a realtor who can confidently handle those types of properties, and not every realtor does. Most agencies have a select few who do. You may be wise to explain to your realtor it's what you want (it is your money after all) and if they're not on board still, find a new one. This is too big a purchase to not be heard

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      @ebukanwabuwa8345 4 роки тому

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      @ebukanwabuwa8345 4 роки тому

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    • @croswellianprincess3590
      @croswellianprincess3590 3 роки тому +3

      You need a new broker. Bank owned and foreclosures are good. Will have to look at a lot of them because they get snapped up fast. Houses can range from turnkey to disasters. Try to look for a disaster that needs mostly cleaning up and painting if you want a good price. For a great price look at fixer uppers.

    • @nesadcruz7840
      @nesadcruz7840 9 місяців тому

      @@croswellianprincess3590Yes, some look really bad but are just cosmetic. A clean up, point job and minor repairs will do it. On the other hand those that have leaks or need re roofing I would stay away from. We have bought , fixed up and flipped a few times.

  • @ManatedMan
    @ManatedMan 3 роки тому +1

    What city do you live in? It's so affordable 0

  • @shaquellejacobs7930
    @shaquellejacobs7930 5 років тому +3

    How would this apply for someone living in New York

    • @blakewilliamzieglercombs9484
      @blakewilliamzieglercombs9484 4 роки тому

      shaquelle jacobs exactly the same

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  • @chrisf6037
    @chrisf6037 5 років тому +2

    im trying to buy a home and i only get under 10k a month, none of the usda or realtors or habitat humanity have programs to help people get into homes at 10k per month income. i was wondering if you knew of any options for that, and im living on guam to make it even more complicated. im currently living in low income housing but want something of my own, even if small.

    • @LatoyaLlab
      @LatoyaLlab 5 років тому +1

      Check out 1st time homebuyer programs in your state. You could get dp assistance. They will tell you about income limits.

    • @chrisf6037
      @chrisf6037 5 років тому

      @@LatoyaLlab thanks, im still confused. i live in guam, its a us territory, and dont know where else to look for those. right now im living in an litc rental property, which is ok, but theres alot of rules and restrictions, plus owning would cost less in the long run i think as opposed to renting

  • @Missmimi6733
    @Missmimi6733 2 роки тому

    Can you get an fha loan if you’re on unemployment

  • @nesadcruz7840
    @nesadcruz7840 9 місяців тому

    A wise investment.

  • @scoobydoo7346
    @scoobydoo7346 5 років тому +2

    The downpayent grant, what was it called?

    • @1PrinceJay
      @1PrinceJay 4 роки тому

      If you live in Michigan we have MSHDA

  • @azjaheverett
    @azjaheverett 2 роки тому

    Which grant program gave 0% down?

  • @rafaelcorrea8833
    @rafaelcorrea8833 5 років тому +6

    Can you show the house

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  • @1991Meka
    @1991Meka 3 роки тому

    How much was your cushion of savings?

  • @morningsong8077
    @morningsong8077 3 роки тому +2

    Rent is crazy expensive, whether it’s for an apartment or a house, so I want to buy a house. It can totally be a fixer. Here’s the rub, though - I don’t have a steady income. I’ve been in an emotionally abusive relationship and desperately want out, but have nowhere to go. I’ve been homeschooling my kids, so that’s been pretty much taking all my time, plus my husband keeps close tabs on me. How can I qualify for anything? I can’t get child support, etc. until we’ve separated. But I can’t separate until I find a place for my kids and I. I feel so stuck! I talked to a realtor who told me that there used to be a program to help women like me, but it was shut down just after Coronavirus hit. She didn’t offer any other help, though, and didn’t even mention FHA loans. Does anyone have any advice for me?

    • @alyssavincentstephens7981
      @alyssavincentstephens7981 3 роки тому +3

      Take him to court for being abusive and make him pay girl

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      @josephstrongbow5522 3 роки тому

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    • @Daringtobemyself
      @Daringtobemyself 2 роки тому

      I hope your relationship has either improved or you have found a way out. In Florida, you can call 211 to get information on community programs that can help you. I don't know if the same program is available in all other states or not. It's certainly worth a try. Your local library should be able to help find resources as well.