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Buying your first house takes tens of thousands of dollars, right? Nope. Hannah Escher did it with just $3,000. She bought a home in expensive California that cost her less than one percent of the price out of pocket. So, how do you buy your first house with very little money, and what loans and programs did Hannah use that you’ve never heard of? We’re breaking it all down today!
Now, Hannah is a mortgage advisor. But, a few years ago, she knew nothing about mortgages, interest rates, and down payments. When she talked to a professional, she quickly learned that she could buy a house in a great area for WAY less money down than most people think it takes. So, with a few very creative financing programs, Hannah closed on her first property. Today, she has two homes and a TON of equity (and some cash flow), all for just putting $3,000 down. Want to do it, too? Stick around!
00:00 Getting Started with $3,000!
03:22 Her Rental Property Plan
06:18 LOW Money Down First House!
10:21 Renovating and Refinancing
12:02 BIG Price Appreciation
13:17 Buying Again for 5% Down
17:03 Advice for Rookies
