EP. 1297 FIRST HOME BUYERS: EARN ENOUGH TO BUY A $500K PROPERTY WITH JUST A $25K DEPOSIT - HERE'S HOW

What if you could buy your first home in one of the most sought-after areas with just $25,000 in the bank? Join us as we uncover the secrets to achieving this with insights from Zac of Shore Financial. We discuss what it truly takes to borrow $500,000 and the feasibility of turning your new home into a rental property. Learn about the first home buyer guarantee scheme, potential interest rate drops, and how long first-time buyers typically stay in their initial homes. Our rapid-fire segment reveals the practical and financial realities for young buyers eager to enter the market.In another compelling discussion, Zac Constantinou from Shaw Financial shares expert property investment tips designed for first-home buyers. Discover strategies like maximizing the first home buyer grant by partnering with family or friends, and why time in the market is more valuable than timing the market. We also touch on varying mortgage pre-approval timeframes and the importance of acting swiftly on opportunities, especially for properties in the Dee Why area. Equip yourself with crucial advice to navigate the property market successfully and share this episode with other aspiring homeowners in your network.