The Rich Immigrant

72: 5 Lessons From Buying My First Home


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I've been wanting to share this for a while now and I'm glad to finally be sharing this. Purchasing your home is a big deal, purchasing your first home as a single person and without family is a bigger deal. In this episode, I talk about 5 lessons I learned from purchasing my first home. 

1. 20% Downpayment may not work for everyone
2. Understand the eligibility rules of any home buyer programs you look into
3. You get what you negotiate. Negotiate everything!
4. I love my home but I still don't like owing a couple hundred thousand dollars
5. Everything they tell you about saving for closing costs is true
6. (Bonus) Don't rush it, you'll know when you're ready

Are you looking to buy a home soon or did you purchase a home recently? what lessons do you agree or disagree with? What lesson most resonates with you?

Thank you for the gift of your time and attention. Thank you for listening to this episode of the Rich Immigrant podcast, please give the podcast a 5 star review on Apple Podcasts, subscribe, and share this episode with someone in your world that needs to hear these conversations. Please join our community online at www.therichimmigrant.com or on Instagram at 'Therichimmigrant.'

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The Rich ImmigrantBy Dee Olateru

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